535 Swede Street Norristown, PA $ 1,000,000
535 Swede Street
$ 1,000,000
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535 Swede Street

Norristown, PA, 19401
$ 1,000,000
Bedrooms-- Baths-- Sq 8,851

Monthly Estimate*

$ 6,907

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Commercial Property for sale in Norristown, PA

for $1,000,000. This 8,851 square foot building was built in 1900 on a lot size of 0.11.

This building is a stable investment property. The rental history and the recent improvements by the owners make this building as close to Turn Key as you will find. With 5 Three Bedroom Apartments and 2 professional offices this unit brings in a very attractive income stream. All units have central air & gas heat paid by the tenants. the owner pays for water but this also can be seperated for each unit. with a solid cap rate of 7.5 this listing should be considered one of the better investments on the market.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 12,831

Style

Apartment Building,Professional

Lot Size

0.11

Year Built

1900

Town/City

Norristown

County/Region

Montgomery

MLS | Web ID

PAMC2200042

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Total Stories 4
Heating Y/N Y
Central Air Y/N Y
Number of Elevators 0
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General
Sewer Public Hook/Up Avail
Heating Forced Air
Cooling Central A/C
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession Negotiable
Roof Flat
Zoning COMMERCIAL
Construction Materials Block Brick Concrete Copper Plumbing
Year Built 1900
Electric Circuit Breakers
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality NORRISTOWN BORO
Gross Income 123600.00
Business Type Apartment Building Professional
Accessibility Doors - Swing In Entry Slope <1' Other
County MONTGOMERY
Net Operating Income 75600.00
Insurance Expense 4000.00
New Construction N
Property Type Commercial Sale
Possible Use Apartments Office Parking
Water Access Y/N N
Status ACTIVE
Directions From Main St North on Swede St to Marshall St property on left
City NORRISTOWN
Number Of Units Total 7
MLS Area Norristown Boro (10613)
Lot Size Units Square Feet
Lot Size Square Feet 4940.03
Tax Annual Amount 12831.0
Property Condition Good Very Good
Price Per Sq Ft Total AG 112.98
Acceptable Financing Cash Conventional Bank Portfolio
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Cap Rate 7.50
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Foundation Details Brick/Mortar
Water View Y/N N
Building Area Total 8851.00
Lot Size Acres 0.11
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 535
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jdisanto@cbpref.com

Email

Affordability Calculator

$7,976
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,907
Monthly Property Taxes
$1,069
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Date Price Price Change Description
11/11/2026 $1,000,000 Listed Price

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535 Swede Street, Norristown, PA, 19401 is a Commercial Property for sale at $1,000,000 with 8,851 sqft and a lot size of 0.11. 535 Swede Street was built in 1900. The property's zip code is 19401 which is in Norristown, PA