MLS#PAMC2171192
STATUSACTIVE
PROPERTY TYPECommercial -
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.
Property Features
Property Type: Commercial -
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
Exterior: Stucco
Flooring: Ceramic Tile, Luxury Vinyl Plank
Location: Free Standing
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
Parking Notes: Lighted Parking, Paved Parking, Private, Surface
Sewer: Public Sewer
Total Garage/Parking Spaces: 10
Units: 5
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: RealtyMark
Agency Phone: 888-240-0600
2952 54 Dekalb Pike | MLS# PAMC2171192
This commercial 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.realtymark.net today.