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1019 DEKALB ST Norristown, PA 19401
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Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAMC2073994
Sold Date 08/18/23
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,646
Tax Year 2022
Lot Size 4,940 Sqft
Acres 0.11
Lot Dimensions 38.00 x 0.00
Property Description
Invester Alert! 9% Cap rate! Large fully rented 5 Unit, all leases/expenses available upon request. Yearly gross rent is a whopping $54,000!, Owner only pays gas, water, sewer and common electric. Unit 1 is a 1 bedroom and rented at $1,100, unit 2 is a 1 bedroom rented at $800, unit 3 is a 2 bedroom rented at $1,050, unit 4 is a 1 bedroom and rented at $800 and unit 5 is a 1 bedroom and rented at $750. Potential to collect higher rents. Private 5 car Off-street parking lot. Buyer responsible for U&O. Seller is also selling 1021 Dekalb, 706 Chain and 223 Jacoby. Call us today to schedule your private tour.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning 1140 APT
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-10076-009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Joymarie DeFruscio • Keller Williams Realty Group