611 Swede Street Norristown, PA $ 4,900,000
611 Swede Street
$ 4,900,000
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611 Swede Street

Norristown, PA, 19401
$ 4,900,000
Bedrooms-- Baths-- Sq 23,441

Monthly Estimate*

$ 30,570

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Commercial Property for sale in Norristown, PA

for $4,900,000. This 23,441 square foot building was built in 1874 on a lot size of 0.1.

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.

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Commercial Active

Price

$ 4,900,000

Property Type

Commercial

Taxes

$ 8,573

Style

Apartment Building

Lot Size

0.1

Year Built

1874

Town/City

Norristown

County/Region

Montgomery

MLS | Web ID

PAMC2163354

Features
Interior
Heating Fuel Electric
Hot Water Multi-tank
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Multi Units
Possession Settlement
Roof Rubber Pitched Shingle
Zoning R-2
Construction Materials Brick
Year Built 1874
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality NORRISTOWN BORO
Business Type Apartment Building
Accessibility Other
County MONTGOMERY
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building
Water Access Y/N N
Status ACTIVE
Directions Maps.
City NORRISTOWN
Disclosures None
Number Of Units Total 30
MLS Area Norristown Boro (10613)
Lot Size Units Square Feet
Lot Size Square Feet 4453.00
Tax Annual Amount 8573.0
Property Condition Excellent
Price Per Sq Ft Total AG 209.04
Acceptable Financing Cash Conventional Other
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 018
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 23441.00
Lot Dimensions 38.00 x 116.00
Lot Size Acres 0.10
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 611
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* Excluded Features
List By
Gola Corporate Real Estate, Inc

Broker

bgola@gola.com

Email

Affordability Calculator

$31,284
Per Month
98%
2%
0%
Monthly Principal & Interest
$30,570
Monthly Property Taxes
$714
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/9/2025$4,900,000 Listed Price

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611 Swede Street, Norristown, PA, 19401 is a Commercial Property for sale at $4,900,000 with 23,441 sqft and a lot size of 0.1. 611 Swede Street was built in 1874. The property's zip code is 19401 which is in Norristown, PA