**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… Read More 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: $2400, 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. Read Less
Courtesy of Christopher Salanik, Long & Foster Real Estate, Inc. [email protected]
Listing Snapshot
Days Online
26
Last Updated
Property Type
Single Family Residential
Square Ft.
2,528
Lot Size
0.16 Acres
Year Built
1901
MLS Number
PAMC2141720
30 Days Snapshot Of 19464
$329k
-10%
(avg) sold price
47
+23%
homes sold
16
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Exterior Features
Sidewalks, Street Lights
Basement
Full
Building
2,528 sqft living area, Built in 1901, Structure Type: Detached, 3 units in building, 3 levels in building, Colonial, Brick
Gross Income: $33,300, Net Operating Income: $21,945, Apartment Rentals
Lot
6,970 sqft, 0.16 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 3, Outdoor Living Structures: Porch(es), 1 one-bedroom unit, 1 three-bedroom unit, 1 two-bedroom unit
Roof
Shingle
Sewer
Public Sewer
Taxes
Tax Annual Amount: $4,233, Tax Year: 2003
Utilities
Electric Service: 100 Amp Service, Circuit Breakers, Hot Water: Natural Gas
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