NookLocal

241 CHESTNUT

$340,000

5

Beds

1

Baths

1,631

Sqft

0.1 sqft lot

Lot size

Residential · MLS #PAMC2176090

Listing Office: BHHS Fox & Roach-Blue Bell

About this home

Investor Opportunity! This spacious, fully renovated 5-bedroom, 1-bath family home with new flooring and freshly painted is currently utilized as a rental property, offering immediate income potential. Featuring generous living space and a flexible layout, this property is well-suited for continued use as a single-family rental. Conveniently located near local amenities, shopping, dining, and major commuter routes, making it attractive for tenants and investors alike. Currently, this property is tenant-occupied with a long-term lease in place. Buyer is responsible for U&O. Owner will guide the buyer through the current tenant onboarding and transition process to ensure a seamless transfer of ownership. Conveniently located near local amenities, shopping, dining, and major commuter routes, making it attractive for tenants and investors alike.

Property taxes

What this home really costs in taxes

Estimated at current rates

$2,892 / year

$241 per month

MLS shows (2025)

$2,893

School tax

NORRISTOWN AREA · 39.60 mills (2025-26)

$1,775

County tax

Montgomery County · 5.95 mills (2026)

$267

Municipal tax

As recorded for 2025 — varies by municipality

$851

Assessment note: this home is assessed at $44,820 — well below the ~$104,584 its asking price implies at Montgomery County's common level ratio (30.8%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $2,722/year. Worth pricing in.

Recomputed from the county assessment ($44,820, 1996 base year) × current millage — portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Map

See where it sits

Open in Google Maps
Map for 241 CHESTNUT, NORRISTOWN, PA 19401

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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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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Data last updated: June 12, 2026 at 2:10 AM EDT