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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,138 sqft
Price per Sqft $137
Subdivision None Available
MLS Listing ID PAMC2107086
Sold Date 09/13/24
Style Traditional
Abv Grd Liv Area 2,138
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,135
Tax Year 2024
Lot Size 1,992 Sqft
Acres 0.05
Lot Dimensions 24.00 x 0.00
Property Description
Attentions investors! Looking to expand your portfolio? Look no further than this 3-unit detached corner property in bustling Pottstown Borough. Located within walking distance to downtown, this property is priced UNDER MARKET VALUE for a quick sale. Two units are occupied by long term tenants on month to month leases. One unit is vacant and rent ready. Unit #1 is a 2 bedroom first floor unit. Unit#2 is a 2-3 bedroom second floor unit. Unit #3 is a 1 bedroom first floor unit. Unit #2 was recently refreshed and is ready for a savvy owner occupant or a new tenant of your choice. Property features replacement windows, updated electric and radon mitigation system. Ample parking is available in adjacent borough lot. Landlord currently pays water, sewer & trash. Check out the LOW TAXES!!! Rents are currently under market. Cap rate can be 9-10% with increased market rents. Be a part of the revitalization and the excitement of Pottstown! Sale is as-is and property has been priced as such. Pottstown Borough has been through regularly for rental inspections.
Location
State PA
County Montgomery
Area Pottstown Boro (10616)
Zoning TTN
Rooms
Basement Interior Access, Outside Entrance, Rear Entrance
Interior
Interior Features Attic
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Wood, Vinyl, Carpet
Fireplace N
Window Features Replacement
Heat Source Electric
Exterior
Garage Spaces 10.0
Utilities Available Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Road Frontage Boro/Township
Parking Type On Street, Parking Lot
Total Parking Spaces 10
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
Middle Schools Pottstown
High Schools Pottstown Senior
School District Pottstown
Others
Tax ID 16-00-08572-007
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Lewis Esposito • RE/MAX Preferred - Newtown Square
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