2952-54 Dekalb Pike,NORRISTOWN, PA 19401
NORRISTOWN, PA 19401
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.
Details
| MLS # | PAMC2177826 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 144 |
| Listing Provided By | Honest Real Estate | Edward G Rogers |
Features
| Units | 4 |
|---|---|
| Zoning | 5 UNITS TOTAL |
| Acreage | 1.50 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
Exterior
| Roof | Shingle |
|---|---|
| Security Features | Surveillance Sys |
| Construction Materials | Stucco |
| Foundation Details | Other |
| Lot Features | Backs to Trees, Landscaping, Rear Yard, Private, Side Yard(s), Stream/Creek, Year Round Access |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Lighted Parking, Paved Parking, Private, Surface |
Taxes
| Tax Annual Amount | 4012 |
|---|
Area Information
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | NORRISTOWN |
| Zip Code | 19401 |
| Area | East Norriton Twp (10633) |
| School District | NORRISTOWN AREA |
| Listing VS Median (in 19401) | |
Price: $1,150,000 low | high Med: $265,000 On site: 144 low | high Med: 107.5 | |
Market Activity 19401
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Learn More About This Property
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | NORRISTOWN |
| Zip Code | 19401 |
| Area | East Norriton Twp (10633) |
| School District | NORRISTOWN AREA |
| Listing VS Median (in 19401) | |
Price: $1,150,000 low | high Med: $265,000 On site: 144 low | high Med: 107.5 | |
 | $1,150,0002952-54 Dekalb PikeNorristown, PA 19401 |