UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $199
MLS Listing ID PAMC2198456
Style Other
Abv Grd Liv Area 12,000
Year Built 1870
Annual Tax Amount $16,655
Tax Year 2026
Lot Size 748 Sqft
Acres 0.02
Property Sub-Type Other
Source BRIGHT
Property Description
Outstanding investment opportunity featuring 14 residential units plus coin-operated basement laundry at the Light Foundry building in Pottstown, PA (19464). Generating a gross monthly rental income of $19,945.00 ($239,340.00 annually), offered at a strong 10% Cap Rate with an asking price of $2,393,400.00.
Unit Inventory & Rent Roll Breakdown:
160 N. York: 3 Bed / 1.5 Bath ($1,675/mo)
107 A Walnut: 1 Bed / 1 Bath ($1,210/mo)
107 E Walnut: 3 Bed / 1.5 Bath ($1,275/mo)
107 F Walnut: 3 Bed / 1.5 Bath ($1,450/mo)
156 N York: 3 Bed / 1.5 Bath ($1,450/mo)
103 C: 1 Bed / 1 Bath ($1,175/mo)
103 D: 1 Bed / 1 Bath ($1,406/mo)
152 N York: 3 Bed / 1.5 Bath ($1,450/mo)
154 N York: 3 Bed / 1.5 Bath ($1,625/mo)
150 A: 1 Bed / 1 Bath ($1,075/mo)
103 A: 1 Bed / 1 Bath ($1,406/mo)
103 B: 1 Bed / 1 Bath ($1,404/mo)
150 C: 1 Bed / 1 Bath ($1,406/mo)
107 C: 3 Bed / 1.5 Bath ($1,575/mo)
Basement Laundry: ($363/mo)
Package Combination Note: This 19464 Pottstown package deal can also be purchased in combination with our 19-property portfolio package in Norristown, PA (19401) or as a total mega-portfolio package.
Location
State PA
County Montgomery
Area Pottstown Boro (10616)
Zoning R
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Wood, Vinyl
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Private Pool No
Building
Above Ground Finished SqFt 12000
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
Structure Type 9'+ Ceilings
New Construction N
Schools
Elementary Schools Barth
Middle Schools Pottstown
High Schools Pottstown Senior
School District Pottstown
Others
Tax ID 16-00-30508-148
Ownership Fee Simple
SqFt Source 12000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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