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536 E Main St, Norristown, PA, 19401

$990,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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536 E Main St, Norristown$990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAttached Carport
Year Built1900
HeatingENERGY STAR Qualified Equipment
CoolingCentral Air
MLS #PAMC2126078
Lot Size0.16 Acres
StatusActive
(ACTIVE)

About 536 E Main St

ALL 8 UNBITS ARE OCCUPIED , GOOD FOR INVESTMENT PROPERTY, MONTGOMERY COUNTY , HIGH CAP RATE INVESTMENT PROPERTY, MUST SEE !!! Annual gross rental income :$13,000 /month =$156,000.00 Annual Expenses: real estate tax :$13,000.00 , real estate insurance:$6,000.00 , Trash fee:$5.616.00 , Sewerage :$2,832.00 so Annual Expenses total :$27,448.00 Annual Net rental income;$156,000.00-$27,448.00 =$128,552.00 Pre-approval letter, and/or proof of funds required for showings, serious inquiries only It is the responsibility of buyer and buyer's agent to confirm square footage estimates and annual tax amounts. 536-540 E Main 8 Units, 536 Unit 1 : 1bed/1bath 536 : $1,200/ MONTH , Unit 2R: 1 bed/1 bath : $1,200/ month rent, 536 Unit 3: 2 bed/1 bath : rent:$1,500/month . 536 Unit 4: 1 bed/1 bath : rent $1,300/month . 536- 540 Unit 3rd Floor: 5 bed/2bath : rent $3,000/month , 540 1st Front: 2 bed/1bath : rent 1,800.00 /month . 540 Unit 2R: 1 bed/1bath :rent 1,300/month , 540 Unit 2nd Fl: 1 bed/1 den/1 bath: rent $2,000.00/month . so total monthly rent is $13,000.00 so annuall $150,000.00 Parking, Laundry

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900

Listing Office:

  • Office Name: PK PROPERTY INC.
  • Office Phone: (215) 635-5100
  • Listing Agent: Peter Han

Exterior Features

Parking Information:

  • Parking: Attached Carport

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment
  • Cooling: Central Air

Other

Directions Information:

  • Directions: RT 476-Main st

Municipality:

  • Norristown Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $990,000
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Housing Market Comparison

See how this home compares to others in Norristown, PA.

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Norristown, PA

City

Med. Sold Price

$337.6K

Med. Price/SqFt

$205

Avg. Days On Market

27

# of Sold Homes

45

536 E Main St vs Norristown

1 DAY ON ROCKET

-26 Days

$990,000

+$652.3K More

KEY TAKEAWAY

This property is $652.3K more than the Median Sold Price in Norristown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAMC2126078

Listing Office:

  • Office Name: PK PROPERTY INC.
  • Office Phone: (215) 635-5100
  • Listing Agent: Peter Han

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 10:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$5,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,035

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1365630
5
/10

  • Gotwals Elementary School

  • 1 E Oak St

  • 0.69 miles

  • Public District Grades 1-4

school-card-donut-1365631
5
/10

  • Winfield Scott Hancock Elementary School

  • Arch & Summit Streets

  • 0.89 miles

  • Public District Grades 1-4

school-card-donut-1365632
6
/10

  • Bridgeport Elementary School

  • 900 Bush and School Lane

  • 0.98 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,600. Residents of Norristown, PA typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Montgomery County›Norristown›19401›536 E Main St

This home is located at 536 E Main St in Norristown, PA and zip code 19401. This home, which was built in 1900, sits on a 0.16 acre lot. It has been listed on Rocket Homes since January 08, 2025 and is currently priced at $990,000.

While more than 18 listings in Norristown, PA in December 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 21 were sold below. Between November 2024 and December 2024, Norristown, PA real estate market has seen decrease in the number of listings by 10.4%. In December 2024 median list price was $337,667 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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