2,630 sqft

$524,900

315 W FORNANCE STREET, NORRISTOWN PA, 19401

Price per sqft$199.58

Built in1920

Property size2,630 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Oct 7, 2026

Updated 3 days ago

5 UNITS Welcome to 315 W Fornance St, Norristown, PA 19401! Exceptional 5-unit cash-flowing property located in the heart of Norristown. Purchase and run it as-is with immediate positive cash flow, or optimize for even higher yields. Check the numbers below for detailed investor information and financial performance. The building offers a mix of three one-bedroom units and two studios, all currently leased. The one-bedroom units rent for $1,044, $945, and $918 per month, and the studios rent for $971 and $803 per month. Leases are in place on all five units and run into 2027, which gives a buyer stable, predictable income from day one. Current monthly rents total $4,681, for annual rents of $56,172. Known expenses are $8,921, made up of $5,321 in real estate taxes, which include trash service, and $3,600 in insurance. This is a strong opportunity for an investor looking to add scale to a portfolio with one closing and one property to manage. Contact us today for more details or to schedule a showing.

Additional information

MLS^® ID: PAMC2196844

Interior Features

Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.1 Acres

Other Property Details

Taxes: $5,321
Tax Frequency: Annually

Listed by Springer Realty Group
Listing Contact: 4849978068

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/8/2026 at 4:33 AM UTC

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