2952-54 DEKALB PIKE, Norristown, PA 19401
2952-54 DEKALB PIKE, Norristown, PA 19401
2952-54 DEKALB PIKE, Norristown, PA 19401
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Edward G Rogers • Honest Real Estate
$1,150,000
Est. payment /mo
1.5 Acres Lot
Save Virtual Tour

UPDATED:

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

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.

Location

State PA

County Montgomery

Area East Norriton Twp (10633)

Zoning 5 UNITS TOTAL

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

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

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

Read Less Info
Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Fran Valerio, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2952-54 DEKALB PIKE

QUICK SEARCH
More