NOT LISTED FOR SALE

Estimated Value: $121,000 - $185,266

-- Bed
1 Bath
1,008 Sq Ft
$145/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $80,000 $79 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,000/month

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • Attic
  • 4-minute walk to Chestnut Street Park

About This Home

As of April 2021

This rental property listing includes both sides of twin building, addresses 117N. Adams St and 119 N. Adams St. Tax ID 16-00-00188-003 and Tax ID 16-00-00184-007, see additional listing of other TAX ID included in this sale . Both sides of this twin, one has a 3 RB 1 BA, other is a really nice 2 BR 1 BA that are included in this sale and have been fully renovated in 2013 with new rough in and finish plumbing and electrical and natural gas utility service for heat and hot water service . Both units have tenants with long term occupancy history and leases are available. Both units have Borough of Pottstown rental license and are MCHA section 8 approved. Cash flow is excellent, expenses are low. Great opportunity for a turn key real estate investment. Perfect for a first time investor or seasoned portfolio holder. Priced to sell, absolutely will not last, grab it up before someone else does. Take a look and make your best offer with a quick closing and add to your portfolio today! 24hr notice required for all showings.

Last Agent to Sell the Property

James Harner Group

(484) 727-8378 james@jamesharnergroup.com Springer Realty Group License #RS295474 Listed on: 02/11/2021

Springer Realty Group

Last Buyer's Agent

James Harner Group

(484) 727-8378 james@jamesharnergroup.com Springer Realty Group License #RS295474 Listed on: 02/11/2021

Springer Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled in 2013

Lot Details

  • 3,014 Sq Ft Lot
  • Lot Dimensions are 28.00 x 0.00
  • Level Lot
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 1,008 Sq Ft Home
  • Awning
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Gas Dryer
  • Attic

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, insurance, real estate taxes
  • Tax Lot 027
  • Assessor Parcel Number 16-00-00184-007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $7,600
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: This rental property listing includes both sides of twin building, addresses 117N. Adams St and 119 N. Adams St. Tax ID 16-00-00188-003 and Tax ID 16-00-00184-007, see additional listing of other TAX ID included in this sale . Both sides of this twin, one has a 3 RB 1 BA, other is a really nice 2 BR 1 BA that are included in this sale and have been fully renovated in 2013 with new rough in and finish plumbing and electrical and natural gas utility service for heat and hot water service . Both units have tenants with long term occupancy history and leases are available. Both units have Borough of Pottstown rental license and are MCHA section 8 approved. Cash flow is excellent, expenses are low. Great opportunity for a turn key real estate investment. Perfect for a first time investor or seasoned portfolio holder. Priced to sell, absolutely will not last, grab it up before someone else does. Take a look and make your best offer with a quick closing and add to your portfolio today! 24hr notice required for all showings.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer - Gas, Oven/Range - Gas
  • Flooring Type: Tile/Brick, Carpet
  • Interior Amenities: Attic, Dining Area, Kitchen - Gourmet, Tub Shower, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 82.34
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Awning(s)
  • Roof: Architectural Shingle
  • 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, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1101
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Dimensions: 28.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3014.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Advertising/Licenses And Permits, Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 625678
  • School Tax: 1848.00
  • Tax Annual Amount: 2598.00
  • Assessor Parcel Number: 16-00-00184-007
  • Tax Lot: 027
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/06/2021

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 7600.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 6, 2021
Sold by
Ammouri Mohammed H
Bought by
Traction X39 Llc
Seller's Agent
James Harner Group
Springer Realty Group
Buyer's Agent
James Harner Group
Springer Realty Group
List Price
$149,000
Sold Price
$80,000
Premium/Discount to List
-$69,000
-46.31%
Current Estimated Value
$146,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,567
Avg. Annual Appreciation
16.99%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Ammouri Carolyn E
Bought by
Ammouri Mohammed H

Purchase Details

Listed on
Jul 29, 2013
Closed on
Nov 6, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ammouri Carolyn E
Seller's Agent
William Lublin
Century 21 Advantage Gold-Southampton
Buyer's Agent
CATHERINE BLANCHARD
Coldwell Banker Realty
List Price
$34,900
Sold Price
$19,000
Premium/Discount to List
-$15,900
-45.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Conger Kelly and Conger Margaret
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 9, 2004
Sold by
Lord Thomas E and Lord Barbara J
Bought by
Big Tuna Prop Mgmnt Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Traction X39 Llc $80,000 None Available
Ammouri Mohammed H -- None Available
Ammouri Carolyn E $19,000 None Available
Federal Home Loan Mortgage Corporation $1,338 None Available
Big Tuna Prop Mgmnt Llc $25,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $80,000 -3.6% $79 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $83,000 +3.8% $82 / Sq Ft
02/15/2021 02/15/21 Off Market $80,000 -- --
02/11/2021 02/11/21 For Sale $149,000 +684.2% $148 / Sq Ft
12/16/2013 12/16/13 Sold $19,000 -4.5% $19 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
10/11/2013 10/11/13 Price Changed $19,900 -33.4% $20 / Sq Ft
09/04/2013 09/04/13 Price Changed $29,900 -14.3% $30 / Sq Ft
07/29/2013 07/29/13 For Sale $34,900 -- $35 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,678 $43,640 $26,300 $17,340
2024 $2,678 $43,640 $26,300 $17,340
2023 $2,642 $43,640 $26,300 $17,340
2022 $2,628 $43,640 $26,300 $17,340
2021 $2,598 $43,640 $26,300 $17,340
2020 $2,553 $43,640 $26,300 $17,340
2019 $2,494 $43,640 $26,300 $17,340
2018 $1,773 $43,640 $26,300 $17,340
2017 $2,332 $43,640 $26,300 $17,340
2016 $2,315 $43,640 $26,300 $17,340
2015 $2,314 $43,640 $26,300 $17,340
2014 $2,301 $43,640 $26,300 $17,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC682744

Bright MLS

APN: 16-00-00184-007