$ 4,900,000
-
$4,900,000
Price -
0
Bed -
0
Bath -
23,441
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing GCREI1 - 3389478
611 Swede Street represents a rare opportunity to acquire a fully renovated, turn-key 30-unit multifamily property in the heart of Norristown, PA. Completed in 2021–2022, the renovation program included comprehensive upgrades to all major building systems—new electrical, plumbing, HVAC, roofing, apartment interiors, and common areas—positioning the asset for minimal near-term capital needs and stable long-term performance. The property has demonstrated strong occupancy & minimal turnover, supported by modern unit finishes, reliable mechanical systems, and strong tenant demand. Additionally, current rents remain below prevailing market levels, providing immediate mark-to-market upside without requiring additional capital investment. The Offering includes an additional lot 17 W Marshall Street, Norristown, PA. This parcel is a tandem parking setup with 14 stalls and a capacity for 28 cars. This allows tenants the option to rent parking spaces right next to their building if desired. 611 Swede Street offers investors the combination of stability, rent-growth potential, and long-term appreciation drivers that are increasingly difficult to find in the Montgomery County multifamily sector.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Commercial Sale
MLS ®
PAMC2163354
Year Built
1874
Total Square Footage
23,441
Lot/Acreage
0.1
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Multi Units
- Heating: Heat Pump(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 28
- Lot Dimensions: 38.00 x 116.00
- Zoning: Residential
- Roof: Rubber,Pitched,Shingle
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $8,573
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
611 Swede St Norristown, PA 19401
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
