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907 Dekalb Street

Norristown, PA 19401

Property Details

$699,000 Per Month
7 Beds
5.0 Baths
For Rent

Building Type: Multiplex
Date Available: Immediately
907 Dekalb Street
This Large Legally zoned mixed used building has 6 apartments and 1 office. Active units in great condition actively rented and has even greater potential for value add. The original owner has constructed this building for 10 units, but has not yet filed for a variance/ Use for the remaining 3 units . This is a add value play for a savvy investor. The price is based on some of the units are in need of updates. Seller will make no repairs. The current rents being collected are as follows:
Unit #1's rent is $800;
Unit #2's rent is $780;
Unit #3's rent is $690;
Unit #4's rent is $870
Unit #5's rent is $1,030
Units #6, 7, 8 and 9 are vacant; and
Unit 10's rent is $840.

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