Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,360
Prime Investment Opportunity in the Heart of Conshohocken! Positioned in one of Montgomery County's most sought-after communities, this triplex presents an outstanding opportunity to invest in a location where demand continues to thrive. Whether you're expanding your real estate portfolio or searching for the perfect owner-occupied investment, this versatile property offers immediate income potential with tremendous upside for future appreciation. Offered strictly As-Is, the building has been well cared for and consistently maintained over the years, providing a solid foundation for its next owner. The property features three separately metered units, allowing for simplified management and tenant utility responsibility. The first-floor residence offers 2 bedrooms and 1 full bath, while the second-floor 2-bedroom, 1-bath apartment enjoys its own private entrance from 14 W. 8th Street, creating added privacy and convenience. Both units are in overall average condition and present an excellent opportunity for cosmetic updates to maximize rental income and long-term value. Completing the property is a recently updated studio efficiency apartment featuring central air conditioning, providing an attractive, move-in-ready living space for tenants. Perfectly suited for investors or an owner-occupant seeking to offset living expenses with rental income, this property offers flexibility, strong income-producing potential, and the opportunity to add value over time. Located within the highly regarded Colonial School District and just minutes from Conshohocken's vibrant restaurant scene, boutique shopping, nightlife, regional rail service, and major commuter routes including I-76, I-476, and the Pennsylvania Turnpike, the location is second to none. With easy access to Center City Philadelphia, King of Prussia, and the Main Line, this is an investment in both real estate and lifestyle. 803 Forrest Street offers an exceptional opportunity to make your vision a reality. Both 2 Bedroom units are Tenant occupied. The Studio unit is vacant.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
2360.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Lot Size(square feet)
3,050
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Colonial
Price
-
Sales Price
$600,000
-
Tax Amount
$4,059
-
Financing Options
Cash, Conventional, Private
-
Zoning
1134 Res: Triplex
-
Sq. Footage
2,360
-
Price/SqFt
$254
HOA
-
Association
No
School District
-
Elementary School
COLONIAL
-
Middle School
COLONIAL
-
High School
PLYMOUTH WHITEMARSH
Property Features
-
Stories
2
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
023
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
COLONIAL
Middle School
COLONIAL
High School
PLYMOUTH WHITEMARSH
Listing Courtesy of Wadia S Timazee-Biddle , Quality Real Estate-Broad St
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