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.
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8883977352
Shown By
Agent Name: Grant Rinehimer
Agent Phone: (570) 406-2997
Agency Title: Lewith & Freeman
Lewith & Freeman Grant Rinehimer (570) 406-2997 GrantR@Lewith-Freeman.com
Estimated Payment
$ 5,937.25 per month $5,125.08 Principal & Interest $549.67 Property Tax $262.50 Homeowner's InsuranceSend an email with a link to
198 Franklin Avenue, Phoenixville, PA 19460.
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198 Franklin Avenue | MLS# PACT2137910
This multi-family property located at 198 Franklin Avenue, Phoenixville, PA 19460 is currently listed for sale with an asking price of $900,000. Franklin Avenue is located within the PHOENIXVILLE AREA school district. Search Phoenixville real estate on grant.lewith-freeman.com today.