PA > Norristown
Norristown, PA 19401,423-425 DEKALB ST
Norristown, PA 19401,423-425 DEKALB ST
Norristown, PA 19401,423-425 DEKALB ST
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Listed by Stephen B Ammon • Iron Valley Real Estate Doylestown
$1,090,000
Est. payment /mo
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2,251 Sqft Lot
Under Contract

423-425 DEKALB ST Norristown, PA 19401

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PAMC2133236

Year Built 1920

Annual Tax Amount $10,188

Tax Year 2024

Lot Size 2,251 Sqft

Acres 0.05

Lot Dimensions 44.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Unlock a premier investment at 423–425 DeKalb St.—a fully renovated, 8,507 SF mixed-use property. Modernized in 2019-2020, this turnkey asset features TWO THRIVING COMMERCIAL SPACES (Home Care Service Office and Beauty Salon) alongside FOUR FULLY REMODELED UPSCALE APARTMENTS (three 2BR/1BA, one 3BR/2BA), all equipped with stainless steel appliances, hardwood floors, new kitchens/baths, in-unit washer dryers and new HVAC systems. With $111,066 in current gross rent and a potential $121,596 at market rates, this 100% occupied property offers immediate cash flow and minimal upkeep, making it a low-risk, high-reward opportunity. Nestled in Norristown's revitalizing downtown, this property is steps from game-changing developments: the $400M Montgomery County Justice Center, the $31M MM Partners project and much more! Positioned at the heart of Norristown's renaissance, this property promises both stability and future value. Don't miss your chance to invest in a flourishing market. Schedule your tour and secure this exceptional opportunity today!

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning MIXED USE

Interior

Hot Water Natural Gas, Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric, Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-09944-006

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Seller Financing, Other

Listing Terms Cash, Conventional, Seller Financing, Other

Financing Cash,Conventional,Seller Financing,Other

Special Listing Condition Standard

Bright MLS (BMLS)

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Addison Wolfe Real Estate

+1(215) 862-5500

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423-425 DEKALB ST

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