$1,433,500
$1,500,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
11,196 SqFt
SOLD DATE : 03/31/2023
Key Details
Sold Price $1,433,500
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 11,196 sqft
Price per Sqft $128
MLS Listing ID PACT2038342
Sold Date 03/31/23
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $11,400
Tax Year 2022
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 0.00 x 0.00
Property Description
Here is a rare opportunity to purchase a turn-key 8 unit apartment building in Phoenixville Borough. All units feature 2 bedrooms, hallway bathroom, eat-in kitchens, large living rooms, balcony/ porch, ample closet space and 2 wall unit air conditioners. The apartments are updated with newer windows, vinyl or laminate plank flooring, most newer kitchens, bathrooms and light fixtures. The partial basement has 2 gas boilers used for common area heating, 8 newer water heaters and storage space. The tenants pay for electric, electric heating and cable/internet. Owner pays for Water, Sewer, Trash, Lawn, Snow. 8-10 Car parking lot. Exterior improvements include new roof in 2016 and gutters/downspouts in 2021. 7 of the 8 apartments are presently rented. Income/Expenses available. Photos taken 2020-2022 prior to tenants moving in.
Location
State PA
County Chester
Area Phoenixville Boro (10315)
Zoning R1
Interior
Hot Water Electric
Heating Hot Water
Cooling Wall Unit
Flooring Ceramic Tile, Laminate Plank
Heat Source Electric
Exterior
Garage Spaces 8.0
Utilities Available Cable TV Available, Natural Gas Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Phoenixville Area
Others
Tax ID 15-13 -0110
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Bank Portfolio
Listing Terms Cash, Conventional, Bank Portfolio
Financing Cash,Conventional,Bank Portfolio
Special Listing Condition Standard
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Bought with Sean D Maloney • RE/MAX Ready
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "