$299,500

Estimated payment $2,030/month

Total Views 4,441
-- Bed
-- Bath
2,528 Sq Ft
$118 Price per Sq Ft

Highlights

  • 0.16 Acre Lot
  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Colonial Architecture
  • Porch
  • Electric Baseboard Heater

About This Home

**CALLING ALL INVESTORS** Bolster your rental portfolio with this cash flowing 3 unit property in the heart of Pottstown. This property features a large side lot for future potential, a huge detached 3 car garage with space above. Leave it as is, or finish for additional income as the neighbors to the right have already done (run past the township for any/all approvals). Property is currently fully occupied with long term tenants that are looking to stay, all of which are on month to month leases. Featuring a 3 bedroom unit (one bedroom is a walkthrough) rented at $1000/mth, a 2 bedroom unit rented at $800/mth, and a recently renovated 1 bedroom unit rented at $975/mth. Landlord pays water/sewer/trash, that comes to an annual amount of $3100/year. Tenants pay all other utilities, maintain grass, and take care of snow removal. There are separate electrical meters for each unit, separate electrical panels (100amp), a gas meter for Unit 3 dryer, and a another gas meter for Unit 2 cooking. Expenses include taxes: $5105, water/sewer/trash: $3100, insurance approximately: $1000, maintenance approximately: $750. Pottstown's bi-annual inspection was last done 12/2023 and any necessary repairs were made. This property is a great addition to your rental fleet, do not miss your chance to increase your passive income.

Last Listed By

Christopher Salanik

Long & Foster Real Estate, Inc. Listed on: 05/24/2025

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 1901

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,528 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Porch

Schools

  • Pottstown Senior High School

Utilities

  • Electric Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 160003272006

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Maintenance Expense $750
  • Other Expense $8,205
  • Operating Expense $9,955
  • Net Operating Income $23,345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,233

Year Built

Built in 1901

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant Belongings
  • New Construction: No
  • Other Expense: 8205.00
  • Year Built: 1901
  • Building Winterized: No
  • Remarks Public: **CALLING ALL INVESTORS** Bolster your rental portfolio with this cash flowing 3 unit property in the heart of Pottstown. This property features a large side lot for future potential, a huge detached 3 car garage with space above. Leave it as is, or finish for additional income as the neighbors to the right have already done (run past the township for any/all approvals). Property is currently fully occupied with long term tenants that are looking to stay, all of which are on month to month leases. Featuring a 3 bedroom unit (one bedroom is a walkthrough) rented at $1000/mth, a 2 bedroom unit rented at $800/mth, and a recently renovated 1 bedroom unit rented at $975/mth. Landlord pays water/sewer/trash, that comes to an annual amount of $3100/year. Tenants pay all other utilities, maintain grass, and take care of snow removal. There are separate electrical meters for each unit, separate electrical panels (100amp), a gas meter for Unit 3 dryer, and a another gas meter for Unit 2 cooking. Expenses include taxes: $5105, water/sewer/trash: $3100, insurance approximately: $1000, maintenance approximately: $750. Pottstown's bi-annual inspection was last done 12/2023 and any necessary repairs were made. This property is a great addition to your rental fleet, do not miss your chance to increase your passive income.
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Laminated
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2528
  • Living Area Sq Ft: 2528
  • Price Per Sq Ft: 118.47
  • Above Grade Finished Sq Ft: 2528
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 236

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: POTTSTOWN
  • High School: POTTSTOWN SENIOR
  • High School Source: 3rd Party
  • School District Key: 300200397038
  • School District Source: 3rd Party
  • High School: POTTSTOWN SENIOR

Lot Info

  • Land Use Code: 1134
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RHD
  • Zoning Description: 1134 Res: Triplex

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Sewer, Water, Trash Collection, Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 33300.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Gross Income: 33300.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 9955.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 4233.00
  • Assessor Parcel Number: 16-00-03272-006
  • Tax Lot: 019
  • Tax Year: 2003

MLS Schools

  • School District Name: POTTSTOWN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,996 $81,400 -- --
2023 $4,928 $81,400 $0 $0
2022 $4,902 $81,400 $0 $0
2021 $4,846 $81,400 $0 $0
2020 $4,761 $81,400 $0 $0
2019 $4,652 $81,400 $0 $0
2018 $3,307 $81,400 $0 $0
2017 $4,350 $81,400 $0 $0
2016 $4,319 $100,000 $43,760 $56,240
2015 $5,271 $100,000 $43,760 $56,240
2014 $5,271 $100,000 $43,760 $56,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $299,500 +42.6% $118 / Sq Ft
10/01/2021 10/01/21 Sold $210,000 +5.1% $83 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $199,900 -- $79 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $210,000 None Available
Deed $120,000 --
Interfamily Deed Transfer -- None Available
Deed $136,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Previous Owner $121,000 No Value Available
Previous Owner $123,624 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: PAMC2141720

Bright MLS

APN: 16-00-03272-006