PA > Norristown
Norristown, PA 19401,611 SWEDE ST
Norristown, PA 19401,611 SWEDE ST
Norristown, PA 19401,611 SWEDE ST
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by Brian Gola • Gola Corporate Real Estate, Inc
$4,900,000
Est. payment /mo
4,453 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2163354

Year Built 1874

Annual Tax Amount $8,573

Tax Year 2025

Lot Size 4,453 Sqft

Acres 0.1

Lot Dimensions 38.00 x 116.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R-2

Interior

Hot Water Multi-tank

Heating Heat Pump(s)

Cooling Multi Units

Heat Source Electric

Exterior

Garage Spaces 28.0

Water Access N

Roof Type Rubber,Pitched,Shingle

Accessibility Other

Total Parking Spaces 28

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-36340-007

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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611 SWEDE ST

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