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1345 DEKALB ST Norristown, PA 19401
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Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,933 sqft
Price per Sqft $76
Subdivision None Available
MLS Listing ID PAMC2087660
Sold Date 03/06/24
Style Other
Abv Grd Liv Area 3,933
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $7,513
Tax Year 2022
Lot Size 0.287 Acres
Acres 0.29
Lot Dimensions 50.00 x 0.00
Property Description
Introducing 1345 Dekalb St, Norristown, PA 19401: A Prime Mixed-Use Opportunity!
Nestled in the heart of Norristown, this remarkable property offers a unique blend of residential and commercial spaces, providing a versatile canvas for your investment dreams.
Ascend to the second and third floors to discover a spacious bi-level apartment boasting 5 bedrooms and 1 bath. With ample room for living, dining, and relaxation, this unit is setup well for large apartment living.
The first floor is a designated office space, thoughtfully laid out with 1.5 baths, a fully-equipped kitchen, and a generous open-concept office area. Multiple entrances ensure convenience and accessibility for both employees and clients.
Currently, the units are leased at well-below market rates, generating a monthly income of $2,200. The savvy investor will appreciate the room for rental growth. Tenants are responsible for electric bills, while the landlord covers water and sewer expenses. The electric heating system ensures efficiency and reliability.
Situated in a thriving community, 1345 Dekalb St benefits from its strategic location, offering easy access to amenities, transportation, and local attractions. Enjoy the possibility for additional rent with the huge parking lot in rear.
Seize this golden opportunity to own a property with unlimited potential. Whether you're an astute investor or an entrepreneur looking for the perfect live-work space, 1345 Dekalb St is poised to exceed your expectations.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning HC
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility Mobility Improvements
Parking Type Parking Lot
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-10204-007
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Yakov Toyberman • Homestarr Realty