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2952 54 Dekalb Pike , Norristown, PA 19401

$1,150,000
  • 2952 54 Dekalb Pike , Norristown, PA 19401 Main Photo

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New to the Market ACTIVE
BEDS0 BATHS MLS#PAMC2177826
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLNORRISTOWN AREA

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.

2952 54 Dekalb Pike | MLS# PAMC2177826

This multi-family property located at 2952 54 Dekalb Pike , Norristown, PA 19401 is currently listed for sale with an asking price of $1,150,000. 54 Dekalb Pike is located within the NORRISTOWN AREA school district. Search Norristown real estate on www.duffyrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Lot Size: 1.50 Acres
Roof Type: Shingle
Taxes: $4,012
Year Built: 1920

Feature Descriptions

Additional Structures: Above Grade
Days on Site: 2
Exterior: Stucco
Flooring: Ceramic Tile, Luxury Vinyl Plank
Lot: Backs to Trees, Landscaping, Rear Yard, Private, SideYard(s), Stream/Creek, Year Round Access
Lot Dimensions: 1.50 Acre(S)
Municipality: EAST NORRITON TWP
One Bedroom Units: 2
Parking Notes: Lighted Parking, Paved Parking, Private, Surface
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 3
Units: 4
Water: Public

Local Schools

School District: NORRISTOWN AREA

Listed By / Shown By

Listed By

Agency Name: Honest Real Estate
Agency Phone: 2159046001

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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Estimated Payment

$ 6,185.61 per month $5,515.86 Principal & Interest $334.33 Property Tax $335.42 Homeowner's Insurance

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