237 Franklin, Phoenixville, PA 19460
- $1,100,000
- List Price
- $1,100,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- PACT2130902
- Lot Size (Acres)
- 0.13
- Year Built
- 1900
- County
- Chester
- School District
- Phoenixville 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. 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.
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Additional Information
- Area
- Phoenixville Boro (10315)
- Taxes
- $5227
- School District
- Phoenixville Area
- Heating
- Baseboard - Hot Water
- Heating Fuel
- None
- Cooling
- Ductless/Mini-Split
- Roof
- Architectural Shingle, Flat
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of EXP Realty, LLC. Contact: 8883977352