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Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,726 sqft
Price per Sqft $83
Subdivision None Available
MLS Listing ID 1002650574
Sold Date 10/28/15
Style Other
HOA Y/N N
Abv Grd Liv Area 3,726
Originating Board TREND
Year Built 1930
Annual Tax Amount $3,347
Tax Year 2015
Lot Size 4,779 Sqft
Acres 0.11
Lot Dimensions 45X100
Property Description
This location is tough to find, one minute walk to Bridge Street. Remarkable multi-unit property, with favorable gross rental income located in the heart of desirable Phoenixville. The Borough of Phoenixville continues to experience substantial growth, and this property is right in the center of it! This building is located one street away from Bridge Street, which is the main thoroughfare where all the shops and destinations are located, literally walk there in less than a minute! Three story brick building with fenced in side yard, conveniently located next to a public parking lot. And there is a laundromat next door. The property is made of solid, brick construction with newer roof (2014). The tenants are mostly longer term tenants. Each unit is well maintained, spacious and attractive. The heating system is baseboard electric, which is favorable compared to paying for an oil bill. Easy commute to KOP, Great Valley, Collegeville and Center City. Many options, buy and rent the whole thing out or live in one unit and rent the other units. Since this is a 4 unit building conventional financing is available to maximize your return on your equity.
Location
State PA
County Chester
Area Phoenixville Boro (10315)
Zoning R40
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Electric
Cooling None
Fireplace N
Heat Source Electric
Laundry None
Exterior
Fence Other
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Phoenixville Area
Others
Tax ID 15-09 -0310
Ownership Fee Simple
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Bought with Cynthia A Young • Keller Williams Real Estate -Exton