NOT LISTED FOR SALE
-- Bed
3 Baths
1,720 Sq Ft
3,248 Sq Ft Lot

Last Sold April 17, 2024

Last sale price $370,000 $215 Per Sq Ft

20 Days on Market

About This Home

As of April 2024

This 5-Unit in the heart of historic on-the-rise Pottstown Borough is an instant money maker! Units include four 1-bedroom units and one 2-bedroom unit. Electric, heat and hot water are all separated per unit and tenants' responsibility. Landlord currently pays water, sewer and trash collection. All units are currently occupied with month to month leases. Current rents are far under market value, providing an opportunity at fair market value for a cap rate of over 11%. There's no way to lose with this one!

Last Agent to Sell the Property

Liesel Tarquini

Styer Real Estate License #RS336907 Listed on: 03/07/2024

Last Buyer's Agent

Crystal Foster

VRA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,446

Year Built

  • Built in 1900

Lot Details

  • 3,248 Sq Ft Lot
  • Lot Dimensions are 19.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,720 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 35
  • Assessor Parcel Number 16-00-17676-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,446

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property.
  • Inclusions: All landlord owned appliances in as-is condition with no monetary value.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This 5-Unit in the heart of historic on-the-rise Pottstown Borough is an instant money maker! Units include four 1-bedroom units and one 2-bedroom unit. Electric, heat and hot water are all separated per unit and tenants' responsibility. Landlord currently pays water, sewer and trash collection. All units are currently occupied with month to month leases. Current rents are far under market value, providing an opportunity at fair market value for a cap rate of over 11%. There's no way to lose with this one!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1720
  • Living Area Sq Ft: 1720
  • Price Per Sq Ft: 241.28
  • Above Grade Finished Sq Ft: 1720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 113

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: POTTSTOWN
  • School District Key: 300200397038
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1108
  • Lot Size Acres: 0.07
  • Lot Dimensions: 19.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3248.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL MULTI-UNIT

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 5
  • Owner Pays: Water, Sewer, Trash Collection
  • Rent Control: No
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • School Tax: 3067.00
  • Tax Annual Amount: 4446.00
  • Assessor Parcel Number: 16-00-17676-002
  • Tax Lot: 35
  • Tax Total Finished Sq Ft: 1720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/17/2024

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: POTTSTOWN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $370,000 -10.8% $215 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $415,000 +118.4% $241 / Sq Ft
12/15/2017 12/15/17 Sold $190,000 0.0% $110 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $190,000 0.0% $110 / Sq Ft
10/01/2017 10/01/17 For Sale $190,000 -- $110 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2097602

Bright MLS

APN: 16-00-17676-002