622 DEKALB ST Norristown, PA 19401

Investment opportunity in Norristown with large rental income! 7 unit apartment building fully occupied with 1 year leases and full security deposits. (1) 3 bedroom, (1) 2 bedroom, (1) 1 bedroom, and (4) studios. Property also includes a detached 2 story garage that's currently not rented ? 2nd floor with parking lot entry could be rented/used for storage while first floor with alley entry could be rented for parking. Strong upside in rental income + leasing up the garage. Building has a large parking lot with plenty of parking and an over-sized basement for ample storage. Already set up for absentee ownership, manager on site provides quick repair response time. Units have been upgraded throughout, most also have new heaters. Adjacent properties: office-only building on one side(no residents) and residential/historic building in progress of being completely rehab'ed across from parking lot. Property is located a few minute walk from SEPTA & Transportation Center. Low to zero vacancy rates due to location, private parking, and onsite management. Excellent opportunity with large rental income!