$1,150,000

2952-54 DEKALB PIKE, Norristown, PA 19401

  • Property Icon other
  • 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 3 months 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:
August 8, 2026 at 3:17AM
Listing Office:
Honest Real Estate : 2159046001
Listing Agent:
Edward G Rogers : 2672317212
MLS ID:
PAMC2177826
  • Flooring: Ceramic tileLuxury vinyl plank
  • A/C: Central A/C
  • Heating: CentralNatural Gas
  • Disability Feature: None
  • General: Above Grade
  • Style: Other
  • Parking: Lighted ParkingPaved ParkingPrivateSurface
  • Roofing: Shingle
  • General: StuccoOther
  • 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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