NOT LISTED FOR SALE

Estimated Value: $302,000 - $330,910

-- Bed
4 Baths
2,257 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $252,500 $112 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,177/month

2 Days on Market

Highlights

  • 0.19 Acre Lot
  • Corner Lot
  • Wrap Around Porch
  • Colonial Architecture
  • 2 Car Detached Garage
  • 3-minute walk to Spruce Street Park & Basketball Courts

About This Home

As of April 2023

Nice 3 + Unit Multi-Family Property + 2 Car Garage For Sale in The Pottstown School District.
Unit # 1 is a Spacious 2 Bedroom, 1 Bath Apartment. Unit # 2 is a 2 Bedroom, 1 Bath Apartment and Unit #3 is an Efficiency Apartment. Also included is a rented out, 2 Car Garage .There is Off-Street Parking in the Rear and a Nice Size Yard.

Property has been owned since 1981 and owner is retiring from property management. This property has served the owner very well and has full occupancy. There is an additional full bath in the basement where there is also a laundry hookup and plenty of storage space for the tenants.

Units are roughly 40% under the 2023 Fair Market Rent for 19464 which is a major upside for new ownership and future profitability!

Last Agent to Sell the Property

Gary Pace

Herb Real Estate, Inc. License #RS318625 Listed on: 03/21/2023

Last Buyer's Agent

Gary Pace

Herb Real Estate, Inc. License #RS318625 Listed on: 03/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,744

Year Built

  • Built in 1900

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60.00 x 0.00
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 4 Off-Street Spaces
  • Parking Storage or Cabinetry

Home Design

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

Interior Spaces

  • 2,257 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Wrap Around Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • 200+ Amp Service
  • 60 Amp Service
  • 60 Gallon+ Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for gas, heat, heater maintenance contract, insurance, lawn/shrub care, repairs, sewer, sewer maintenance, snow removal, real estate taxes, trash collection, water
  • Tax Lot 11
  • Assessor Parcel Number 16-00-03572-003

Community Details

Overview

  • 3 Units

Building Details

  • Income includes apartment rentals
  • Operating Expense $13,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,744

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Possessions including #2 Refrigerator and Window A/C
  • Historic: No
  • Home Warranty: No
  • Inclusions: Unit 1 refridgerator, stove Unit 3 Refridgerator , Stove . Basement Washer and Dryer...All As-Is nomenetary value
  • New Construction: No
  • Year Built: 1900
  • Building Winterized: No
  • Remarks Public: Nice 3 + Unit Multi-Family Property + 2 Car Garage For Sale in The Pottstown School District. Unit # 1 is a Spacious 2 Bedroom, 1 Bath Apartment. Unit # 2 is a 2 Bedroom, 1 Bath Apartment and Unit #3 is an Efficiency Apartment. Also included is a rented out, 2 Car Garage .There is Off-Street Parking in the Rear and a Nice Size Yard. Property has been owned since 1981 and owner is retiring from property management. This property has served the owner very well and has full occupancy. There is an additional full bath in the basement where there is also a laundry hookup and plenty of storage space for the tenants. Units are roughly 40% under the 2023 Fair Market Rent for 19464 which is a major upside for new ownership and future profitability!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Flooring Type: Carpet, Vinyl
  • Window Features: Storm
  • Fireplace: No
  • Foundation Details: Stone
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 2257
  • Living Area Sq Ft: 2257
  • Price Per Sq Ft: 105.89
  • Above Grade Finished Sq Ft: 2257
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 764

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Road Surface Type: Black Top
  • Roof: Shingle, Pitched, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service, 60 Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Steam
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: 1134
  • Lot Features: Corner, Front Yard, Sideyard(s), Rear Yard
  • Lot Size Acres: 0.19
  • Lot Dimensions: 60.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8400.00
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • Zoning Description: NR Neighborhood Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Gas, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Total Actual Rent: 25800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 626460
  • School Tax: 4000.00
  • Tax Annual Amount: 5744.00
  • Assessor Parcel Number: 16-00-03572-003
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 2257
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/26/2023

Multi Family

  • Income Includes: Apartment Rentals
  • Operating Expense: 13244.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: POTTSTOWN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
764 N Charlotte Llc
Bought by
David Smith Property Management Llc
Current Estimated Value
$313,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$226,570
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$89,371

Purchase Details

Closed on
Jun 2, 1981
Bought by
Myers Donald W
Source: Public Records

Range of Values:

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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
David Smith Property Management Llc $305,000 None Listed On Document
Myers Donald W $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Smith Property Management Llc $228,750
Previous Owner 764 N Charlotte St $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $252,500 +5.6% $112 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $239,000 -- $106 / 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 $5,796 $94,440 $46,680 $47,760
2024 $5,796 $94,440 $46,680 $47,760
2023 $5,717 $94,440 $46,680 $47,760
2022 $5,688 $94,440 $46,680 $47,760
2021 $5,622 $94,440 $46,680 $47,760
2020 $5,524 $94,440 $46,680 $47,760
2019 $5,397 $94,440 $46,680 $47,760
2018 $3,837 $94,440 $46,680 $47,760
2017 $5,047 $94,440 $46,680 $47,760
2016 $5,011 $94,440 $46,680 $47,760
2015 $4,979 $94,440 $46,680 $47,760
2014 $4,979 $94,440 $46,680 $47,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAMC2066884

Bright MLS

APN: 16-00-03572-003