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Pottstown,PA 19464
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,844 sqft
Price per Sqft $232
MLS Listing ID PAMC2153688
Style Traditional
Abv Grd Liv Area 5,278
Year Built 1900
Annual Tax Amount $5,706
Tax Year 2025
Lot Size 1,844 Sqft
Acres 0.04
Lot Dimensions 13.00 x 0.00
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
Join the momentum of downtown Pottstown's revitalization with this fully rented four-story mixed-use property, well maintained and offering a strong investment opportunity with a net operating income of around $21,294. The first floor features a 1,600 sq ft commercial space with two off-street parking spaces, a main area with carpet and laminate flooring, kitchenette, half bath, and additional finished room. The second floor apartment is also about 1,600 sq ft with two bedrooms, a full bath, living room, and kitchen, while the third and fourth floor apartments are each approximately 1,000 sq ft, offering one bedroom, bath, living room, dining room, and kitchen; both updated within the past six years. The property generates about $35,000 annually with expenses of approximately $13,706 (gas $2,000, insurance $3,000, water/sewer/trash $3,000, taxes are $5,706). Sale includes 109 1/2 E High St (Bright will not accept fractions) and does not include 112 High St. The building consists of four units: one commercial on the first floor and three residential apartments above; with rents of $950 for the 1st floor, $1,400 for the 2nd floor, and approximately $1,000 each for the 3rd and 4th floors (status of 3rd and 4th to be confirmed). Electric and gas are separately metered, the owner covers water/sewer/trash as customary in Pottstown, and all rental licenses are current.
Location
State PA
County Montgomery
Area Pottstown Boro (10616)
Zoning D
Rooms
Basement Outside Entrance
Interior
Hot Water Electric
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Pottstown
Others
Tax ID 16-00-14668-004
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard