423-425 DEKALB STREET, Norristown, PA 19401

Sold: 925000
Sold on: Dec 22nd, 2025
Sold: 925000
Sold on: Dec 22nd, 2025
BEDS0 BATHS MLS#PAMC2133236
STATUS PROPERTY TYPECommercial - SCHOOLNORRISTOWN AREA


Property Description

***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!

Property Features

Cooling: Central A/C
Fuel Type: Electric, Natural Gas
Heating: Forced Air
Lot Size: 0.05 Acres
Taxes: $10,188
Year Built: 1920

Feature Descriptions

Exterior: Brick
Lot Dimensions: 0.05 Acre(S)
Sewer: Public Sewer
Units: 6
Water: Public

Local Schools

School District: NORRISTOWN AREA

Listed By / Sold By

Listed By

Agency Name: Iron Valley Real Estate Doylestown
Agency Phone: 2677035050

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

Sold By

Agency Name: Non Subscribing Office

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