Huge upside for recently listed commercial former bank, district court and second floor office space. Previously purchased for 1.425 in 2008, this soon to be cash cow is ready for new ownership... Current partnership dissolution in progress. Gas springs company has small second floor office space at 1040 per month with 1.5 years left on lease, 2nd floor 950 sq. foot office vacant, vacant 4000 square foot former bank and District court of montgomery county occupies 3790 square feet at 7400.00 per month. Current income at 8400. Now the upside, Recent submission to county for lower pottsgrove court to occupy former bank space at 18.50 square foot. APPROVAL PENDING. New 15 year leases for both spaces 7200 square feet total and built in CAM. DJ would be responsible for electric and janitorial while owner gas/ plowing, trash, exterior maint. Fit out to run approx 350,000 which includes new roof, new fit out for pottsgrove court as per plans and modification of existing pottstown court. All in 825,000 after repairs, 18.50 square foot with 2.5% annual increase and a rollback in year 11. Great opportunity in a soon to be appreciating area.
Impressive well-maintained 5-unit investment property/business location. Strategically situated directly adjacent to the post office across from the Hill School, and along a street of impressive buildings and businesses, this attractive multi-unit includes a first-floor office (leased to an eye doctor) plus 4 attractive residential units. These large units offer charm and character plus the convenience of central air and in-unit laundry facilities. Two of the spacious apartments encompass 3 stories. The elaborate 3-level owner's unit (#2) features an entry living room on the ground floor, a second floor offering a giant great room with extensive built-in cabinetry, a well-equipped custom kitchen, bedroom, full bath, sunroom and laundry room;, and a beautiful main bedroom suite with dressing area, walk-in cedar closet, window seat and elaborate main bathroom on the third level. If you are looking for a business office location in a prime location and/or real estate investment where pride of ownership is evident, don't miss this great property
Age: Over 50 Years Old
Amenities: Basement, Security System, Security System
Investors Dream! Positive monthly cash flow w/long standing tenants in each unit. The Main home Unit#1 has 2 bedrooms w/possible 3rd off of kitchen area. Kitchen has vinyl floor, lots of cabinets and counter space, electric cooking, Large cozy F/R. main bedroom has H/W floors built in closet. Full hall Bath. 2nd bedroom is a nice size. Outside entrance to basement and laundry area. Upstairs to main house is unit#2 Side entrance w/own driveway. Nice EIK updated cabinets, counters and flooring, Electric cooking, D/W. Hardwood floors in family room, and 3 bedrooms all good sizes and full bath with tile. Unit#3 is above garage and includes 3 bay garage with separate office and storage area. Entrance to unit is on side of garage enter into a nice laundry area, large family room with wood burning fireplace, nice kitchen all updated, Large separate L/R, 3 bedrooms 1 full bath. this unit has C/A that the tenant installed. Property sits on .87 acres all open space.
Excellent chance to INVEST in your FUTURE. This is the perfect INCOME PROPERTY. Live in the HOUSE and let the (3) Apartments pay your mortgage, if needed. Your attached neighbors are your tenants. Three (1) Bedroom apartments in one building, each on its own floor, and a (4) bedroom house attached to it. If you don't need a place to live, you can RENT all FOUR UNITS. Owner pays HEAT and ELECTRIC. The attached home has (4) BEDROOMS, Eat-in Kitchen, Formal Dining Room, Living Room, Bath, Office with Custom Built-Ins, TV Room, Finished Basement, ALARM SYSTEM, WALL AIR COND., Yard with PATIO and Carport for 2-3 Vehicles.
Great opportunity to own a five unit, income producing apartment building in Pottstown! Located near The Hill School, 422, Pottstown Hospital, and many major shopping centers. There are three one-bedroom apartments and two two-bedroom apartments as well as off street parking around back. This building is well maintained with over 50% occupancy. This is a great investment!
Very well kept 5-unit rental property. Four (4) units in main house + carriage house in the rear. Many upgrades in recent months and years: newer roof, oil tank, sidewalk. Extra income from coin-op laundry in basement. Long-term tenants. Don't miss out; nice income-producing investment property.
Pottstown Borough 5 unit that is fully rented with 5 off street parking spaces. Brick 3 story building. Tenants of units 1 & 2 pay heat & hot water. Call for details on income and expenses. Currently yielding a 13.5% return.
Secluded two unit in Lower Pottsgrove park area. Remodeled, separate utilities. Includes; two sheds, two refrigerators, two ranges. Directions; 422 to S. Sanatoga Rd. 4/10 mile to left on Park Rd. 100 feet to right onto private gravel road first house on right. HR 1043
Your opportunity to own an investor seasoned and well built Brick Victorian rental property with a solid 14% cap rate has arrived. Priced to sell, this property offers a new owner positive cash flow from day one and if profits are used to pay down principal mortgage, you're paid of in 7 years and bringing 17,000 in additional income for the balance of your ownership, pretty sweet deal. This property has had continuous ownership for nearly 30 years, which means your getting a well maintained, well oiled cash producing machine with a great rental history and low owner paid expenses, which equals a great real estate investment. Here is what you get: 3 of 4 units have completely updated kitchen and baths, new paint and carpet. All units have a private and gated entrance. Each unit has separate electric service and electric heat. Unit 2 is rented as a 1 BR, but with 2 bedrooms on the third floor it could be a 3 BR unit if a fire escape were added, which would add an additional 3600 dollars a year of income potential to your cash flow machine, in addition there is parking for 5 cars and a basement for additional storage income too. This property has been professionally appraised and priced aggressively below the rest of the Pottstown investment property market to sell quickly and we strongly encourage you schedule an appointment before someone else gets this great investment first. This is a cash flow machine, don't let this investor opportunity pass you by.
Super clean corner home. Two singles for the price of one...Large 3 story 4 bedroom home in beautiful condition. Original wood trim throughout. Current tenant has been there for over 4 years...There is a detached two car garage with a 1 bedroom apartment upstairs. This unit is also occupied and in excellent condition. Great opportunity to get into an investment property with positive income. Building in the rear is the entire building.
Cooling: No A/C
Garage Count: 2 Car Garage
Lot Size: 0.06 Acres
Style: Other Style
Water: Other Water Source
393 N York St, Pottstown, PA 19464
5 Beds | 2 Full Baths
393 N York St, Pottstown, PA 19464
5 Beds | 2 Full Baths