347 Chestnut St, Pottstown, PA 19464
Local realty services provided by:CENTURY 21 Mertz & Associates
347 Chestnut St,Pottstown, PA 19464
$339,900
- 5 Beds
- - Baths
- 3,014 sq. ft.
- Multi-family
- Active
Listed by: maria f dattilo
Office: bhhs fox&roach-newtown square
MLS#:PAMC2199020
Source:BRIGHTMLS
Price summary
- Price:$339,900
- Price per sq. ft.:$112.77
About this home
Welcome to 347 Chestnut St, a distinctive Victorian property originally built in 1850 as a single-family residence and designed in the elegant Second Empire architectural style. Today, this historic beauty operates as a three-unit income-producing property, offering a blend of historic character, recent improvements, and value-add potential.
Well cared for by its previous owner over the past six years, the property has seen significant updates, including full renovations of two of the three units featuring updated kitchens, bathrooms, tile flooring, carpeting, and fresh paint. Additional improvements include replacement of two of the three roofs, all three hot water heaters, select plumbing upgrades converting older pipes to PEX, and multiple electrical upgrades. These electrical improvements include an additional panel for common areas and new circuits to support building updates and everyday electrical needs.
All three units are currently occupied, generating $3,250 in monthly rental income, with two longstanding tenants and renewed leases. With rents below market value, the property presents an opportunity for investors to increase cash flow over time while benefiting from an established rental history. Unit #1 also offers potential for a two-bedroom conversion, subject to verification of feasibility and applicable requirements.
Unit #1 – First Floor | $900/month
A one-bedroom unit featuring a large eat-in kitchen, full bathroom, living room, and an additional walk-through room with potential for conversion to a second bedroom. Currently occupied by a longstanding tenant.
Unit #2 – Second Floor, Rear | $1,000/month
A one-bedroom unit featuring a living area, kitchen, and full bathroom. Currently occupied by a new tenant.
Unit #3 – Second and Third Floors, Front | $1,350/month
A spacious three-bedroom unit spanning two levels, with a kitchen, full bathroom, and living room on the main level and three bedrooms on the upper level. Currently occupied by a longstanding tenant.
Whether you're looking to expand your investment portfolio, capitalize on below-market rents, or unlock additional value through future improvements, 347 Chestnut St offers a compelling opportunity to own a piece of architectural history with established rental income and room for growth....
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Home facts
- Year built:1850
- Listing ID #:PAMC2199020
- Added:4 day(s) ago
- Updated:November 04, 2026 at 03:49 PM
Rooms and interior
- Bedrooms:5
- Flooring:Carpet, Ceramic Tile, Hardwood
- Basement:Yes
- Basement Description:Dirt Floor, Drain, Full, Interior Access, Outside Entrance, Poured Concrete, Unfinished, Walkout Stairs
- Living area:3,014 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Architectural Shingle, Flat, Pitched
- Year built:1850
- Building area:3,014 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Brick, Brick Front, Concrete
- Foundation Description:Stone
Schools
- High school:POTTSTOWN
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$339,900
- Price per sq. ft.:$112.77
- Tax amount:$5,313 (2026)
Features and amenities
- Amenities:Electric Available, Natural Gas Available
Parking
- Parking description:Off Street, On Street
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