Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
BEDS0
BATHS
SQUARE FEET4,746
MLS#PACT2133578
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHOENIXVILLE AREA
Property Description
Rare opportunity to acquire a well-maintained, cash-flowing five-unit apartment building in the heart of thriving downtown Phoenixville. All five units were renovated between 2017 and 2020 and feature hardwood or luxury vinyl flooring, granite and tile finishes in the kitchens and bathrooms, and stainless steel appliances. Rents total $8,000 a month. Seller is a licensed real estate agent and has a financial interest in the property. The property generates more than $8,000 in monthly rental income and an annual net operating income of $75,878. With strong in-place cash flow and continued upside in one of Chester County’s most competitive rental markets, this property represents an excellent addition to any investment portfolio. Don’t miss the opportunity to acquire a stabilized, income-producing asset in a highly desirable downtown location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless/Mini-Split
Fuel Type: None
Heating: Baseboard - Hot Water
Lot Size: 0.13 Acres
Roof Type: Architectural Shingle, Flat
Taxes: $5,227
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade
Days on Site: 18
Exterior: Aluminum Siding, Brick
Lot Dimensions: 0.13 Acre(S)
Municipality: PHOENIXVILLE BORO
One Bedroom Units: 4
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 1
Units: 1
Water: Public
Local Schools
School District: PHOENIXVILLE AREA
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8883977352
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimate Your Payment
Estimated Payment
$ 6,032.46 per month $5,276.04 Principal & Interest $435.58 Property Tax $320.83 Homeowner's Insurance
237 Franklin | MLS# PACT2133578
This multi-family property located at 237 Franklin, Phoenixville, PA 19460 is currently listed for sale with an asking price of $1,100,000. Franklin is located within the PHOENIXVILLE AREA school district. Search Phoenixville real estate on www.duffyrealestate.com today.