BEDS0
BATHS
SQUARE FEET2,400
MLS#PACT2137910
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHOENIXVILLE AREA
Property Description
Exceptional investment opportunity at 198 Franklin Avenue in Phoenixville! This five-unit apartment building grosses $90,900 per year and is offered at an attractive 7.63% cap rate. With a low acquisition cost per unit, this property offers strong income with additional room for growth. Four units have been renovated, leaving a clear opportunity to add value by updating the final unit. That remaining renovation offers the potential to increase rental income, improve net operating income, and build long-term property value. With its distinctive architecture, compelling price per unit, and achievable renovation upside, this property is an excellent opportunity for investors seeking both income and future appreciation in Phoenixville. Full expense list in flyer. Call Erich Beyer today to schedule a showing. Agent has financial interest in property.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Heated, Outside Entrance, Rough Bath Plumb, Unfinished
Cooling: None
Fuel Type: None
Heating: Baseboard - Electric
Lot Size: 0.03 Acres
Roof Type: Flat
Taxes: $6,596
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade
Days on Site: 1
Exterior: Stone
Lot Dimensions: 0.03 Acre(S)
Municipality: PHOENIXVILLE BORO
One Bedroom Units: 3
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Studio Efficiency Units: 1
Total Garage/Parking Spaces: 0
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: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,815.18 per month $2,003.01 Principal & Interest $549.67 Property Tax $262.50 Homeowner's InsuranceChange Payment Information
198 Franklin Avenue | MLS# PACT2137910
This multi-family property located at 198 Franklin Avenue, Phoenixville, PA 19460 is currently listed for sale with an asking price of $900,000. Franklin Avenue is located within the PHOENIXVILLE AREA school district. Search Phoenixville real estate on www.realtymark.net today.