CHARIS REALTY GROUP

237 FRANKLIN

PHOENIXVILLE, PA 19460

MLS#: PACT2130902

$1,100,000

Status: Active
Listing number: PACT2130902
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: a day ago
On site: 5 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

4,746

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ductless

  • Heating YN

    YES

  • Heating

    Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Aluminum Siding, Brick

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.13

  • Lot Size(square feet)

    5,663

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    $5,227

  • Financing Options

    Conventional, Cash

  • Zoning

    Residential Infill

  • Sq. Footage

    4,746

  • Price/SqFt

    $231

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

CHESTER

Elementary School

Middle School

High School

Listing Courtesy of Erich Beyer , EXP Realty, LLC

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Agent Chana Shaffer

AGENT

Chana Shaffer

Call Chana today to schedule a private showing.

(814) 494-0636

chana@charisrealty.com


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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.

237 FRANKLIN

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None Beds

None Baths

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