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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!
| DAYS ON MARKET | 9 | LAST UPDATED | 1/2/2025 |
|---|---|---|---|
| YEAR BUILT | 1899 | COMMUNITY | Norristown Boro (10613) |
| COUNTY | MONTGOMERY | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | NORRISTOWN AREA |
|---|---|
| High School | NORRISTOWN AREA |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| 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 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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