About 423-425 Dekalb St
***Price Reduction!***Unlock a premier investment at 423–425 DeKalb St.—a fully renovated, 8,507 SF mixed-use property. Modernized in 2019-2020, this turnkey asset features TWO THRIVING COMMERCIAL SPACES (Home Care Service Office and Beauty Salon) alongside FOUR FULLY REMODELED UPSCALE APARTMENTS (three 2BR/1BA, one 3BR/2BA), all equipped with stainless steel appliances, hardwood floors, new kitchens/baths, in-unit washer dryers and new HVAC systems. With $111,066 in current gross rent and a potential $121,596 at market rates, this 100% occupied property offers immediate cash flow and minimal upkeep, making it a low-risk, high-reward opportunity. Nestled in Norristown’s revitalizing downtown, this property is steps from game-changing developments: the $400M Montgomery County Justice Center, the $31M MM Partners project and much more! Positioned at the heart of Norristown’s renaissance, this property promises both stability and future value. Don’t miss your chance to invest in a flourishing market. Schedule your tour and secure this exceptional opportunity today!
Features of 423-425 Dekalb St
| MLS® # | PAMC2133236 |
|---|---|
| Price | $995,000 |
| Bathrooms | 0.00 |
| Square Footage | 8,507 |
| Acres | 0.05 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 423-425 Dekalb St |
|---|---|
| Area | Norristown Boro (10613) |
| City | NORRISTOWN |
| County | MONTGOMERY-PA |
| State | PA |
| Municipality | NORRISTOWN BORO |
| Zip Code | 19401 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | NORRISTOWN AREA |
|---|
Additional Information
| Zoning | MIXED USE |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Iron Valley Real Estate Doylestown |
|---|---|
| Contact Info | (267) 703-5050 |