Back 1019 Dekalb Street
Off Market

1019 Dekalb Street

Norristown PA 19401

5
2960 sq. ft.
4940 sq. ft.
Duplex
Last sold for $450,000
Len MartelliLen Martelli, last sold this property on 18 August 2023 after 70 days on market.

Overview

This is a 5 unit Building. Invester Alert! 9% Cap rate! Large fully rented 5 Unit, all leases/expenses available upon request. Yearly gross rent is a whopping $54,000!, Owner only pays gas, water, sewer and common electric. Unit 1 is a 1 bedroom and rented at $1,100, unit 2 is a 1 bedroom rented at $800, unit 3 is a 2 bedroom rented at $1,050, unit 4 is a 1 bedroom and rented at $800 and unit 5 is a 1 bedroom and rented at $750. Potential to collect higher rents. Private 5 car Off-street parking lot. Buyer responsible for U&O. Seller is also selling 1021 Dekalb, 706 Chain and 223 Jacoby. Call us today to schedule your private tour.

Features

5 bedrooms
2960 sq. ft. floor area
4940 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Norristown over the last 12 months, the estimated median property value of 1019 Dekalb Street is $316.5k.

Median value
$316.5k
Estimated value range
$223k - $450k
Median days on market
27
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Norristown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1019 Dekalb Street

2023
Sold
$450,000
18 Aug 2023 by Len Martelli, of Realty ONE Group Restore | Blue Bell

Happy sellers in Norristown

60%
60% of sellers in Norristown reported that their sale price either exceeded or met their price expectations.

Norristown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Norristown over the last 12 months.

Local market activity for 5 bedroom duplexes in Norristown

In the last 12 months, 6 five-bedroom duplexes similar to 1019 Dekalb Street, have been sold.

This represents a 58% increase in five-bedroom duplexes sales when compared to the previous 12 months.

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