198 Franklin Ave, Phoenixville, PA 19460
- $900,000
- 2,400
- SqFt
- List Price
- $900,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- PACT2137910
- Living Area
- 2,400
- Lot Size (Acres)
- 0.03
- Style
- Other
- Year Built
- 1900
- County
- Chester
- School District
- Phoenixville Area
Property Description
Exceptional investment opportunity at 198 Franklin Avenue in Phoenixville! This five-unit apartment building grosses $90,900 per year and is offered at an attractive 7.63% cap rate. With a low acquisition cost per unit, this property offers strong income with additional room for growth. Four units have been renovated, leaving a clear opportunity to add value by updating the final unit. That remaining renovation offers the potential to increase rental income, improve net operating income, and build long-term property value. With its distinctive architecture, compelling price per unit, and achievable renovation upside, this property is an excellent opportunity for investors seeking both income and future appreciation in Phoenixville. Full expense list in flyer. Call Erich Beyer today to schedule a showing. Agent has financial interest in property.
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Additional Information
- Area
- Phoenixville Boro (10315)
- School District
- Phoenixville Area
- Heating
- Electric Baseboard
- Cooling
- None
- Roof
- Flat
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Heated, Exterior Entry, Rough Bath Plumb, Unfinished
Mortgage Calculator
Listing courtesy of EXP Realty, LLC. Contact:
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