2952-2954 Dekalb Pike - Apartments FOR SALE


East Norriton, PA 19401
$1,150,000 USD
267-231-7212
2952-2954 Dekalb Pike, East Norriton, PA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/80
null | Request Cap Rate

2952-2954 Dekalb Pike
East Norriton, PA 19401


OVERVIEW

Rare opportunity to acquire a fully renovated, multi-structure investment package at 2952–2954 Dekalb Pike, consisting of three buildings, five rental units, and two parcels. 2952 Dekalb Pike is a duplex featuring a 2-bedroom, 1-bathroom unit on the first floor and a 1-bedroom, 1-bathroom unit on the lower level, both completely remodeled. 2954 Dekalb Pike is a three-unit property that includes a main house with two units, each offering 2 bedrooms and 1 bathroom (first and second floor), along with a separate rear cottage featuring a 1-bedroom, 1-bathroom layout. All units have been fully renovated, creating a turnkey investment opportunity. Currently, three of the five units are rented, with a projected annual gross rental income of approximately $102,000 once fully stabilized. This provides immediate income with additional upside as remaining units are leased. The property sits on a unique parcel with a stream running through the grounds, adding character and tenant appeal rarely found in multifamily offerings. There is also ample off-street parking to support all units. Being sold as a package, this offering delivers five total rental units across two parcels, making it ideal for investors seeking scale, strong rental potential, and a recently renovated asset with minimal capital expenditure needed.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

5

PRICE/UNIT

$230,000

CAP RATE

Request Cap Rate

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

Multi Family

APN/PARCEL ID

33-00-01912-008,33-00-01915-005

ASK ABOUT THIS PROPERTY

Edward RogersHonest Real EstateMore Info
267-231-7212

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Edward RogersHonest Real EstateMore Info
267-231-7212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.