$565,000
$600,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
6,588 SqFt
SOLD DATE : 09/25/2017
Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 6,588 sqft
Price per Sqft $85
Subdivision None Available
MLS Listing ID 1003649573
Sold Date 09/25/17
Style Other
HOA Y/N N
Abv Grd Liv Area 6,588
Originating Board TREND
Year Built 1867
Annual Tax Amount $2,561
Tax Year 2017
Lot Size 4,182 Sqft
Acres 0.1
Property Description
Great cash flowing mixed-use 7-unit in the boro of Phoenixville consisting of 5 2-BR apartment and 2 commercial storefronts with entire 4th floor space for potential expansion. Tenants pay all utilities except water, sewer, and trash. Electric baseboard heat in each unit. Brick building with beautiful landscaped fenced-in stone courtyard. Walk to town and main street with all the restaurants and stores just 2 blocks away. Excellent investment in solid town with option for some renovations to add even more value. Great long term tenants but with flexible leases for new owner. Add a nice and manageable multi-unit property with a strong 9% cap rate to your real estate portfolio.
Location
State PA
County Chester
Area Phoenixville Boro (10315)
Zoning MIXED
Rooms
Other Rooms Primary Bedroom
Basement Partial
Interior
Hot Water Natural Gas
Heating Electric
Cooling Wall Unit, None
Fireplace N
Heat Source Electric
Laundry None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Middle Schools Phoenixville Area
High Schools Phoenixville Area
School District Phoenixville Area
Others
Tax ID 15-09 -0603
Ownership Fee Simple
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