534-538 Dekalb Street Norristown, PA
$ 1,004,000
Property Attributes
  • MLS#PAMC678514
  • TypeContingent
  • CityNorristown
  • AreaNorristown Boro
  • Zip19401
  • StyleApartment Building,Professional,Restaurant/Bar
  • Year Built1875
  • Taxes19325
  • Price$ 1,004,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15900
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
HomeSmart Nexus Realty Group - Blue Bell
Data Source:
Bright MLS
Property Description

Investors Alert ! Well maintained Brick masonary building is only two blocks from Post office, Borough Hall and the County Court House. This Multi Use property is a Cash Cow. First floor features two store front Commercial spaces. Both with full basement storage . Both spaces are currently leased . One to a clothing store and the other to a State Farm office. Second floor features 4 Residential 2 bedroom apartments, a one bedroom apartment and 4 Commercial offices. Third floor features 4 Two bedroom apartments. The 8 Two bedroom units are currently rented for $975. a month . All units have just been updated with new carpets and fresh paint. Utilities are separated except for water which is paid by Landlord. Each unit has it`s own gas heater ( Hot water baseboard heat ). The 1 bedroom unit is currently not rented. Please do not bother Tenants. All showing through Listing Agent

Price History
12/17/2020 Listed $1,004,000

General Features

Accessibility Other
Business Type Apartment Building, Professional, Restaurant/Bar, Other
Construction Materials Brick, Masonry
Cool Fuel Electric
Cooling None
Days on Market 86
Exclusions Tenants Personal Property
Heating Hot Water
Location Type Business District
MLS Area Norristown Boro (10613)
New Construction No
Ownership Fee Simple
Possession 0-30 Days CD
Price Per Sq Ft 63.14
Property SubType Five Or More Units
Property Type Commercial Sale
PropertyCondition Very Good
Sewer Public Sewer
Tax Annual Amount 19325.0
Tax Lot 004
Tax Year 2021
Total Units 11
Utilities Electric Available, Natural Gas Available, Cable TV Available, Sewer Available, Water Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning Description C-Taxable Miscellaneous

Interior Features

Central Air Y/N No
Entry Level 1
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 15900.00
Lot Dimensions 45.00 x 0.00
Lot Size Acres 0.10
Lot Size Source Assessor
Lot Size Square Feet 4500.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19401

AVG $250K
AVG $5,931
AVG 69
Year Built
AVG 1917
AVG 62
Data Provided by Walkscore ® not using MLS data

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