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listing
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CommercialFor Sale
$4,900,000
611 Swede Street
Norristown, PA 19401
Listed by: Gola Corporate Real Estate, Inc, 6106310333
MLS: Bright MLS
23,441Sq Ft
Est. Mortgage
$25,393/mo

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 comprehensiveupgrades to all major building systems—new electrical, plumbing, HVAC,roofing, apartment interiors, and common areas—positioning the asset forminimal 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 strongtenant demand. Additionally, current rents remain below prevailing marketlevels, providing immediate mark-to-market upside without requiringadditional 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 theirbuilding if desired. 611 Swede Street offers investors the combination ofstability, rent-growth potential, and long-term appreciation drivers that areincreasingly difficult to find in the Montgomery County multifamily sector.

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This data is up-to-date as of 12/10/2025 02:09 PM. Listing provided by Brian Gola of Gola Corporate Real Estate, Inc.
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