NOT LISTED FOR SALE

51 Walnut St Pottstown, PA 19464

Downtown Pottstown Neighborhood
-- Bed
-- Bath
3,206 Sq Ft
5,320 Sq Ft Lot

Last Sold November 09, 2021

Last sale price $265,500 $83 Per Sq Ft

6 Days on Market

Highlights

  • 0.12 Acre Lot
  • Hot Water Heating System
  • 5-minute walk to Memorial Park
  • Colonial Architecture
  • Carpet

About This Home

As of November 2021

Great investment opportunity with this 4 unit property in Pottstown. All units are currently rented with the most recent one having a substantial rent increase. All units are 2 bedrooms and 1 bath plus there are 4 offstreet parking spaces. Owner pays heat, hot water, water, sewer, trash and house electric. Property being sold "as is" and condition is reflected in the price.

Last Agent to Sell the Property

Kathleen Kolarz

Herb Real Estate, Inc. License #AB062397L Listed on: 10/12/2021

Last Buyer's Agent

Robert Oswald

Compass RE

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 1900

Lot Details

  • 5,320 Sq Ft Lot
  • Lot Dimensions are 38.00 x 0.00
  • Property is in average condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,206 Sq Ft Home
  • Basement
  • Exterior Basement Entry
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Utilities

  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for accounting/legal, common area maintenance, gas, heat, heater maintenance contract, insurance, lawn/shrub care, management, pest control, repairs, sewer, sewer maintenance, real estate taxes, trash collection, water
  • Tax Lot 066
  • Assessor Parcel Number 16-00-30488-006

Community Details

Overview

  • 4 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Maintenance Expense $2,000
  • Manager Expense $1,968
  • Operating Expense $6,711
  • Net Operating Income $18,435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,126

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: tenant property
  • Inclusions: 4 stoves
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment opportunity with this 4 unit property in Pottstown. All units are currently rented with the most recent one having a substantial rent increase. All units are 2 bedrooms and 1 bath plus there are 4 offstreet parking spaces. Owner pays heat, hot water, water, sewer, trash and house electric. Property being sold "as is" and condition is reflected in the price.
  • Special Features: None

Interior Features

  • Appliances: Water Heater, Oven/Range - Electric
  • Flooring Type: Carpet, Vinyl
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 3206
  • Living Area Sq Ft: 3206
  • Price Per Sq Ft: 62.38
  • Above Grade Finished Sq Ft: 3206
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51-53

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Professional Management Expense: 1968.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1136
  • Lot Size Acres: 0.12
  • Lot Dimensions: 38.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5320.00
  • Property Condition: Average
  • Zoning: TTN
  • Zoning Description: Traditional Town Neighborhood

Rental Info

  • Number Of Units Month To Month: 3
  • Owner Pays: Accounting/Legal, Common Area Maintenance, Gas, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Management, Pest Control, Repairs, Sewer, Sewer Maintenance, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 36240.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 633250
  • School Tax: 4359.00
  • Tax Annual Amount: 6126.00
  • Assessor Parcel Number: 16-00-30488-006
  • Tax Lot: 066
  • Tax Total Finished Sq Ft: 3206
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/09/2021

Multi Family

  • Gross Income: 36240.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6711.00
  • Other Units: Unit 1,Unit 2,Unit 4,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
11/09/2021 11/09/21 Sold $265,500 +32.8% $83 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $200,000 -- $62 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathleen Kolarz

    Seller's Agent in 2021

    Kathleen Kolarz

    Herb Real Estate, Inc.

    (610) 858-4870

    3 in this area

    122 Total Sales

    Section Image
  • Robert Oswald

    Buyer's Agent in 2021

    Robert Oswald

    Compass RE

    (267) 421-1471

    1 in this area

    94 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: PAMC2000731

Bright MLS

Pennsylvania Montgomery County Pottstown 19464 Downtown Pottstown

51 Walnut St, Pottstown, PA

This home is located at 51 Walnut St, Pottstown, PA 19464 since 12 October 2021. This property was built in 1900. 51 Walnut St is a home located in Montgomery County with nearby schools including Pottstown Middle School, Pottstown Senior High School, and West-Mont Christian Academy.

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