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2025 goal to add to your investment portfolio? Don't miss the massive , fully occupied, income producing quadplex in a stellar location of Norristown! This building is over 4900 sqft above grade and is set up with two 1 bedroom units, one 4 bedroom unit and one 3 bedroom unit. Annual taxes under 5k per year. The units have been refreshed and remodeled within the last 4 years. Current rents for the building are $5725 per month ($68,700 annually). Professional property management is in place. Tenants pay their own utilities and a flat monthly fee for water. Located in a well trafficked corridor of Dekalb street with Neighborhood Commercial zoning, there are multiple options for this property in addition to its usage as a Quadplex. The building is located across from the Dekalb Supermarket, a short walk to the Montgomery County courthouse and Norristown Transportation Center and convenient access to all commuter routes 202, 76, 422 and 476. Buyer is responsible for U&O. Schedule your tour of this great investment opportunity!
Property Type(s):
Multi Family
Last Updated | 1/2/2025 | Year Built | 1899 |
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Community | Norristown Boro (10613) | County | MONTGOMERY |
SCHOOLS
School District | NORRISTOWN AREA |
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High School | NORRISTOWN AREA |
Additional Details
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Norristown Boro (10613) |
BASEMENT | Exterior Entry, Full, Yes |
CONSTRUCTION | Brick |
HEAT | Forced Air, Natural Gas |
LOT | 4792 sq ft |
LOT DIMENSIONS | 32.00 x 0.00 |
PARKING | Asphalt |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | Colonial, Federal |
TAXES | 4918 |
WATER | Public |
ZONING | Neighborhood Commercial |
Location
Listing provided by Keller Williams Real Estate - Media
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Data last updated: 1/9/25 7:35 AM PST
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