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$595,000
129 Days On Site
110 KING STREETPOTTSTOWN, PA 19464
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1873
Built
County:
MONTGOMERY
Listing courtesy of Carr Real Estate Company
Call Now: 717-298-8040
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717-298-8040
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One of a kind investment opportunity. The is an apartment complex located in the historic district of Pottstown. Two (2) 1BR/1Bath apartments. One (1) efficiency. Six (6) single rooms. Two (2) double car garages. We own the driveway. The owner of the building next door pays us yearly for an easement. Inside redone a few months ago. Painted, new LVT floor, etc. There are six (6) heat pumps that provide heat/cooling. They are less than (10) years old. Income Each 1BR rents for $1,572 (section 8). $18,864 annually The efficiency rents for $1,428 (section 8). $17,136 annually Each single room rents for $750 (self-pay). $54,000 annually Each garage rents for $200. ($4,800 annually) Easement rents for $400 per year. ($400 annually) Total Annual Revenue = $95,200 Expenses (water, electric, taxes, trash) Water, sewer, trash (approximately $12,000 annually) Electric for heat and air condition (approximately $8,000 annually) Taxes are $5,400 annually Total Annual Expenses = $25,400 NOI = $69,800 Cap rate is 12%
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Listing Snapshot
Price
$595,000
Days On Site
129 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1873
MLS® Number
PAMC2130462
Status
Active
Property Tax
$5,459
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 4 months ago | Listing updated with changes from the MLS® | |
| 4 months ago | Listing first seen on site |
General Features
Acres
0.14
Parking
GarageDrivewayParking Lot
Parking Spaces
8
Sewer
Public Sewer
Special Circumstances
Standard
Water Source
Public
Zoning
COMMERCIAL
Interior Features
Appliances
Electric Water Heater
Cooling
Heat PumpElectric
Flooring
Laminate
Heating
ElectricHeat Pump
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Exterior Features
Construction Details
BrickVinyl Siding
Community Features
MLS Area
Pottstown Boro (10616)
School District
POTTSTOWN
Schools
School District
POTTSTOWN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Carr Real Estate Company
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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