423 425 Dekalb St
$1,090,000
423 425 Dekalb St, East Norriton Township, PA 19401
6
Cap Rate
65,351
NOI
Details:
Highlights:
- Days on Market: 70
- Heating: Forced Air
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
Gallery
