Commercial $ 1,150,000

2952-54 DEKALB PIKE

Norristown, PA 19401

  • 1.5 Lot Size
  • 1920 Year Built
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.
Listed by Honest Real Estate

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Five Or More Units

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID PAMC2171192

    Year Built 1920

    Annual Tax Amount $4,012

    Tax Year 2025

    Lot Size 1.503 Acres

    Acres 1.5

    Property Sub-Type Five Or More Units

    Source BRIGHT

  • Location

    State PA

    County Montgomery

    Area East Norriton Twp (10633)

    Zoning 5 UNITS TOTAL

  • Building

    Lot Description Backs to Trees, Landscaping, Rear Yard, Private, SideYard(s), Stream/Creek, Year Round Access

    Sewer Public Sewer

    Water Public

    New Construction N

  • Interior

    Hot Water Natural Gas

    Heating Central

    Cooling Central A/C

    Flooring Ceramic Tile, Luxury Vinyl Plank

    Inclusions All existing appliances that are owned by seller.

    Heat Source Natural Gas

  • Exterior

    Garage Spaces 10.0

    Water Access N

    Roof Type Shingle

    Accessibility None

    Total Parking Spaces 10

    Garage N

  • Schools

    School District Norristown Area

  • Others

    Tax ID 33-00-01915-005

    Ownership Fee Simple

    Security Features Surveillance Sys

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Financing Cash,Conventional

    Special Listing Condition Standard

    Virtual Tour https://homejab.vr-360-tour.com/e/brgBjYSmR_4/e

SIMILAR HOMES FOR SALE

Check for similar Commercials at price around $1,150,000 in Norristown,PA

CONTACT

Edward Rogers
Edward Rogers
Email: edrogers@honestrealestate.com Tel: +1(267) 231-7212

License ID: PA- RM424065 . NJ- 1648628

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message