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198 Franklin Avenue
Phoenixville, PA 19460

$900,000 - Status: ACTIVE
SQFT: 2,400
MLS# PACT2137910

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.

Property Features

MLS#: PACT2137910
Zip: 19460
Subdivision:
Development: Phoenixville Boro
Property Type: Multi Unit - Multiple
Number of Units: 1
Basement: Yes
Basement: Heated, Outside Entrance, Rough Bath Plumb, Unfinished
Cooling: None
Days on Site: 1
Fuel Type: None
Heating: Baseboard - Electric
Lot Size: 0.03 acres
Roof Type: Flat
Taxes: $6,596
Year Built: 1900

Feature Descriptions

Additional Structures: Above Grade
Exterior: Stone
Lot Dimensions: 0.03 Acre(S)
Municipality: PHOENIXVILLE BORO
One Bedroom Units: 3
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Studio Efficiency Units: 1
Total Garage/Parking Spaces: 0
Two Bedroom Units: 1
Units: 1
Water: Public

Local Schools

School District: PHOENIXVILLE AREA

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.

Listed By / Shown By

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

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AGENT INFORMATION

Lewith & Freeman Grant Rinehimer (570) 406-2997 GrantR@Lewith-Freeman.com

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Estimated Payment

$ 5,937.25 per month $5,125.08 Principal & Interest $549.67 Property Tax $262.50 Homeowner's Insurance

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