237 FRANKLIN, Phoenixville, PA 19460
237 FRANKLIN, Phoenixville, PA 19460
237 FRANKLIN, Phoenixville, PA 19460
237 FRANKLIN, Phoenixville, PA 19460
237 FRANKLIN, Phoenixville, PA 19460
237 FRANKLIN, Phoenixville, PA 19460
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Listed by Erich Beyer • EXP Realty, LLC
$ 1,100,000
Est. payment | /mo

5,663 Sqft Lot


Save
$ 1,100,000
Est. payment | /mo
Save

5,663 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PACT2130902

Year Built 1900

Annual Tax Amount $5,227

Tax Year 2026

Lot Size 5,663 Sqft

Acres 0.13

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Rare opportunity to acquire a well-maintained, cash-flowing five-unit apartment building in the heart of thriving downtown Phoenixville. All five units were renovated between 2017 and 2020 and feature hardwood or luxury vinyl flooring, granite and tile finishes in the kitchens and bathrooms, and stainless steel appliances.

The property generates more than $8,000 in monthly rental income and an annual net operating income of $75,878. With strong in-place cash flow and continued upside in one of Chester County's most competitive rental markets, this property represents an excellent addition to any investment portfolio.

Don't miss the opportunity to acquire a stabilized, income-producing asset in a highly desirable downtown location.

Location

State PA

County Chester

Area Phoenixville Boro (10315)

Zoning RI

Interior

Hot Water Electric, Instant Hot Water

Heating Baseboard - Hot Water

Cooling Ductless/Mini-Split

Heat Source None

Exterior

Garage Spaces 4.0

Water Access N

Roof Type Architectural Shingle,Flat

Accessibility None

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Phoenixville Area

Others

Tax ID 15-05 -0227

Ownership Fee Simple

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Arshia Kia

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(571) 403-0203

arshia.kia@exprealty.com

2000 Duke St, Suite 300, Alexandria

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237 FRANKLIN