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215- 669-6079
Remax Access
2952 Dekalb Pike, Norristown, PA 19401
- $1,150,000
- List Price
- $1,150,000
- Days on Market
- 191
- Status
- ACTIVE
- MLS#
- PAMC2171192
- Lot Size (Acres)
- 1.5
- Year Built
- 1920
- County
- Montgomery
- School District
- Norristown Area
Property Description
Rare opportunity to acquire a fully renovated, multi-structure investment package at 2952–2954 Dekalb Pike, consisting of three buildings, five rental units, and two parcels. 2952 Dekalb Pike is a duplex featuring a 2-bedroom, 1-bathroom unit on the first floor and a 1-bedroom, 1-bathroom unit on the lower level, both completely remodeled. 2954 Dekalb Pike is a three-unit property that includes a main house with two units, each offering 2 bedrooms and 1 bathroom (first and second floor), along with a separate rear cottage featuring a 1-bedroom, 1-bathroom layout. All units have been fully renovated, creating a turnkey investment opportunity. Currently, three of the five units are rented, with a projected annual gross rental income of approximately $102,000 once fully stabilized. This provides immediate income with additional upside as remaining units are leased. The property sits on a unique parcel with a stream running through the grounds, adding character and tenant appeal rarely found in multifamily offerings. There is also ample off-street parking to support all units. Being sold as a package, this offering delivers five total rental units across two parcels, making it ideal for investors seeking scale, strong rental potential, and a recently renovated asset with minimal capital expenditure needed.
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Additional Information
- Area
- East Norriton Twp (10633)
- School District
- Norristown Area
- Flooring
- Tile, Vinyl
- Heating
- Central
- Cooling
- Central Air
- Roof
- Shingle
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Honest Real Estate. Contact: