Residential Income in PHOENIXVILLE

$1,100,000

237 FRANKLIN, 19460, PHOENIXVILLE, PA

Residential Income for sale in PHOENIXVILLE, 237 FRANKLIN, 19460, 4746 m²

237 FRANKLIN, 19460, PHOENIXVILLE, PA

$1,100,000

4746
Type: Residential Income

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.

Location

237 FRANKLIN, 19460, PHOENIXVILLE, PA

Data

Object TypeResidential Income
Purchase Price$1,100,000
Living Space4746 m²
Plot Size526.11 m²
BathroomsN/A
Construction Year1900
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard - Hot Water
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent