Residential Income in PHOENIXVILLE

$900,000

198 FRANKLIN, 19460, PHOENIXVILLE, PA

Residential Income for sale in PHOENIXVILLE, 198 FRANKLIN, 19460, 2400 m²

198 FRANKLIN, 19460, PHOENIXVILLE, PA

$900,000

2400m²
Type: Residential Income

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.

Agent Information

Location

198 FRANKLIN, 19460, PHOENIXVILLE, PA

Data

Object TypeResidential Income
Purchase Price$900,000
Living Space2400 m²
Plot Size131.64 m²
BathroomsN/A
Construction Year1900
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard - Electric
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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