Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Multi Units, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Paved, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $4,900,000

  • Tax Amount

    8573.0

  • Zoning

    Residential

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    018

  • Water Source

    Public

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Location

County

MONTGOMERY

Elementary School

Middle School

High School

Listing Courtesy of Brian Gola , Gola Corporate Real Estate, Inc

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TheresaKehler

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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.

611 SWEDE STREET

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