Norristown, PA 19401 611 Swede Street

611 Swede Street Norristown, PA - Image 1611 Swede Street Norristown, PA - Image 2611 Swede Street Norristown, PA - Image 3
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Presented By: Gola Corporate Real Estate, Inc
  • MLS# PAMC2163354
  • 12/09/2025
  • Request Tour
  • Request Info
  • SQFT • 23,441

Home Details

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 20212022, the renovation program included comprehensive upgrades to all major building systemsnew electrical, plumbing, HVAC, roofing, apartment interiors, and common areaspositioning 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.
Presented By: Gola Corporate Real Estate, Inc

Interior Features for 611 Swede Street

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterMulti-tank

General for 611 Swede Street

Acceptable FinancingCash, Conventional, Other
AccessibilityOther
Association Recreation FeeN
Business TypeApartment Building
CityNORRISTOWN
Construction MaterialsBrick
Cool FuelElectric
CoolingMulti Units
CountyMONTGOMERY
DirectionsMaps.
DisclosuresNone
HeatingHeat Pump(s)
Lease Considered Y/NNo
Lot Size Square Feet4453.00
Lot Size UnitsSquare Feet
MLS AreaNorristown Boro (10613)
MunicipalityNORRISTOWN BORO
New ConstructionNo
Number Of Units Total30
OwnershipFee Simple
PossessionSettlement
Possible UseApartment Building
Price Per Sq Ft Total AG209.04
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofRubber, Pitched, Shingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount8573.0
Tax Assessed Value135880.0
Tax Lot018
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1874
Year Built SourceAssessor
ZoningR-2

Exterior for 611 Swede Street

Building Area Total23441.00
Car Parking Spaces28
Land Assessed Value0.00
Land Use Code4210
Lot Dimensions38.00 x 116.00
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPaved Parking
Total Loading Docks0
Total Parking Spaces28
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $4,900,000
MLS#PAMC2163354
List Date 12/09/2025
Property Type Commercial
Phone 703.929.4729
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