The spacious historic property located at 551 Cherry Street in Norristown was sold on Jan. 5, 2024. The $350,000 purchase price works out to $135 per square foot. The four-unit house, built in 1890, has an interior space of 2,593 square feet. This three-story quadruplex presents a total of six bedrooms and four baths. There is a lone fireplace indoors. The property is equipped with central heating and central A/C. The property sits on a 2,050-square-foot lot.
Additional houses that have recently been purchased close by include:
· On Dekalb Street, Norristown, in May 2023, a 3,437-square-foot home was sold for $360,000, a price per square foot of $105. The home has 6 bedrooms and 4 bathrooms.
· A 3,000-square-foot home at 1021 Dekalb Street in Norristown sold in August 2023, for $380,000, a price per square foot of $127. The home has 8 bedrooms and 4 bathrooms.
· In August 2023, a 3,162-square-foot home on Jacoby Street in Norristown sold for $440,000, a price per square foot of $139. The home has 4 bedrooms and 4 bathrooms.
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