237 FRANKLIN, Phoenixville, PA 19460
237 FRANKLIN, Phoenixville, PA 19460
237 FRANKLIN, Phoenixville, PA 19460
17
See all 17 photos
Listed by Erich Beyer • EXP Realty, LLC
$1,100,000
Est. payment /mo
Save
4,746 SqFt
New

237 FRANKLIN Phoenixville, PA 19460

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,746 sqft

Price per Sqft $231

MLS Listing ID PACT2133578

Style Other

Abv Grd Liv Area 4,746

Year Built 1900

Annual Tax Amount $5,227

Tax Year 2026

Lot Size 5,663 Sqft

Acres 0.13

Property Sub-Type Detached

Source BRIGHT

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. 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

State PA

County Chester

Area Phoenixville Boro (10315)

Zoning RI

Interior

Hot Water Electric, Instant Hot Water

Heating Baseboard - Hot Water

Cooling Ductless/Mini-Split

Heat Source None

Laundry Shared

Exterior

Water Access N

Roof Type Architectural Shingle,Flat

Accessibility None

Garage N

Private Pool No

Building

Foundation Permanent

Above Ground Finished SqFt 4746

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District Phoenixville Area

Others

Tax ID 15-05 -0227

Ownership Fee Simple

SqFt Source 4746

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard


Bright MLS (BMLS)

Nearby School & Business

Get More Information

Jim Marks

Jim Marks

Broker Associate | License ID: AB068681

+1(610) 705-4014

Name
Phone*
Message