
Seller's Agent in 2023
Brian Kelly
Kelly Real Estate, Inc.
(610) 715-9762
8 in this area
173 Total Sales
Estimated Value: $200,745 - $248,000
Solid Brick Twin 2-Unit in the heart of up-and-coming downtown Pottstown. Conveniently located near Manatawny Park, the Pottstown Carousel, Montgomery County Community College West Campus, Steel River Playhouse, Schuylkill River Trail, and an unique array of shops, restaurants, brewpubs, and outdoor dining venues. There are 2 apartments- one 1 BR first floor unit and one 2-3 BR second/third floor unit.
The first floor apartment includes a large porch, spacious kitchen, first floor laundry connections, living room and bedroom with high ceilings. The upstairs unit includes an eat-in kitchen, living room, bedroom and full bathroom on the second level, 2 additional bedrooms in the finished attic (Note one of the third floor bedrooms is a walk-through), plus additional attic storage area.
There is plenty of room for outdoor activities on the side porch, two paver-style patios, nice back yard and landscaped side yard. A two car detached garage (22x23) with its own 200Amp electric service can be a source of additional income.
The duplex property is currently vacant and can use some renovations and repairs, but, when ready, the apartments and garage should be easy to rent and start generating income.
The following numbers are projections/estimates to provide a sense of the possible income and expenses: approximate monthly rents of $950, $1175, and $200 for the 2 apartments and detached garage total $27,900 annually. Annual projected expenses include estimates of $4455 taxes, $1500 home insurance (excluding flood insurance), $2800 oil, $600 landlord electric, $2200 water/sewer/trash. Net annual income with this scenario would be about $16,345/year. Variations in rental amounts, utility separation/allocation, etc. will affect the net income generated. The property is being sold in as-is condition and the buyer will be responsible for the use and occupancy inspection.
This property represents a great opportunity to invest and join in the resurgence of Pottstown.
Last Agent to Sell the Property
Kelly Real Estate, Inc. License #RM052045A Listed on: 05/26/2023
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Outdoor Features
Utilities
Community Details
Listing and Financial Details
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Karalis Xena | $210,000 | None Listed On Document | |
Shifflett Michael C | -- | None Available | |
Shifflett Michael | $75,000 | None Available | |
Royer David A | $60,000 | -- |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/30/2023 06/30/23 | Sold | $210,000 | 0.0% | $122 / Sq Ft |
06/01/2023 06/01/23 | Pending | -- | -- | -- |
05/26/2023 05/26/23 | For Sale | $210,000 | -- | $122 / Sq Ft |
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 |
---|---|---|---|---|
2024 | $4,496 | $73,250 | $35,910 | $37,340 |
2023 | $4,434 | $73,250 | $35,910 | $37,340 |
2022 | $4,411 | $73,250 | $35,910 | $37,340 |
2021 | $4,361 | $73,250 | $35,910 | $37,340 |
2020 | $4,284 | $73,250 | $35,910 | $37,340 |
2019 | $4,186 | $73,250 | $35,910 | $37,340 |
2018 | $2,976 | $73,250 | $35,910 | $37,340 |
2017 | $3,915 | $73,250 | $35,910 | $37,340 |
2016 | $3,885 | $73,250 | $35,910 | $37,340 |
2015 | $3,861 | $73,250 | $35,910 | $37,340 |
2014 | $3,861 | $73,250 | $35,910 | $37,340 |
Seller's Agent in 2023
Brian Kelly
Kelly Real Estate, Inc.
(610) 715-9762
8 in this area
173 Total Sales
Buyer's Agent in 2023
Eric Swarr
Weichert, Realtors - Cornerstone
(610) 745-7601
3 in this area
47 Total Sales
Source: Bright MLS
MLS Number: PAMC2072200
APN: 16-00-17596-001