$1,150,000

2952-54 DEKALB PIKE, Norristown, PA 19401

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

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.

Listing Status:
Active
Data Last Updated:
March 24, 2026 at 12:18AM
Listing Office:
Honest Real Estate : 2159046001
Listing Agent:
Edward G Rogers : 2672317212
MLS ID:
PAMC2171192
  • Flooring: Ceramic tileLuxury vinyl plank
  • A/C: Central A/C
  • Heating: CentralNatural Gas
  • Disability Feature: None
  • Parking: Lighted ParkingPaved ParkingPrivateSurface
  • Roofing: Shingle
  • General: Stucco
  • Originating MLS: BRIGHT_MAIN
  • School District: NORRISTOWN AREA
  • County: MONTGOMERY-PA
  • Zoning: 5 UNITS TOTAL33-00-01915-005
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Edward G Rogers , Honest Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Norriton Middle School

330 Roland Dr, Norristown, PA, 19401

Grades 5-8

0.82 miles away

E

East Norriton Middle School

330 Roland Dr, Norristown, PA, 19401

Grades 5-8

0.82 miles away

R

Roosevelt Altern School

1161 Markley St, Norristown, PA, 19401

Grades 9-12

2.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#PAMC2167606 - Long & Foster Real Estate, Inc.