$ 500,000
-
$500,000
Price -
5
Bed -
0
Bath -
2,301
SqFt
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About the Listing RMPROF - 3168291,3170646
Turnkey Investment Opportunity with Strong Income & Upside in Spring-Ford School District! Offered at $500,000, this well-maintained 2-unit property presents an excellent opportunity for investors seeking immediate income with future growth potential or for an owner-occupant looking to offset their mortgage. The First Floor 2-Bedroom, 1-Bath unit is currently rented at $1,450/month (below market), with estimated potential of $1,800+/-. The unit features a private entrance, updated laminate flooring, fresh paint, a stylish bathroom with marble flooring, a nicely sized kitchen, and a spacious Family Room. Long-term tenants (4 years) would love to stay providing stability from day one. The Upper unit spans two levels and offers 3 Bedrooms and 1 Full Bath, with strong rental potential of $2,200+/-. The main level includes a Bedroom, Full Bath, Formal Dining Room, Eat-in Kitchen, and an impressive Family Room addition with cathedral ceilings, propane fireplace, skylights, and a bay window. From the Family Room, a door leads to a New Deck with steps to ground level. An additional balcony is also presented. The Third Floor adds two more Bedrooms and a versatile loft/sitting area ideal for maximizing rental appeal. Additional highlights include off-street parking for 4-5 cars, a carport, shed, and an extended lot with room for gardening or added outdoor enjoyment. Major Updates include a brand-new heater (February 2026), upgraded 100-amp electrical panels for each unit, and replacement windows throughout ownership. Investor Snapshot Current Rent: $1,450/month Market Rent Potential: $4,000/month ($48,000/year) Taxes: $4,973/year Utilities (Owner Paid): Oil - $1,900, Water - $550, Sewer - $346, Electric (2nd unit only) - $1,200, Trash - $388, Tenant pays electric on 1st Unit Insurance: $2,200/year The Walk-out Basement offers shared Laundry along with ample storage space. Ideally located just a short stroll to the Schuylkill River Trail and Canal, plus the shops, restaurants, and popular First Friday events in downtown Phoenixville. Just minutes to Route 422 with easy access to King of Prussia and Philadelphia. A true income-producing property with upside potential. This property delivers a projected 7.3% cap rate with market rents and immediate upside potential, plus positive cash flow for financed buyers putting 25% down; making it a strong addition to any investment portfolio. Schedule your showing today and secure your next investment!
Listing Highlights
Status
Active With Contingency
Days on Site
40
Property Type
Multi-Family
MLS ®
PAMC2171658
Year Built
1900
Total Square Footage
2,301
Lot/Acreage
0.18
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances: Dryer - Electric, Stove, Washer
- Air Cond: Wall Unit,Window Unit(s)
- Heating: Central,Baseboard - Electric
- Fireplaces: 1, 1 Fireplace
- Floor:
- Above Ground Sq Ft: 2301
- Below Ground Sq Ft: 0
- Basement: Full,Interior Access,Outside Entrance
- Other: Bathroom - Tub Shower,Kitchen - Eat-In,Skylight(s),Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 41.00 x 0.00
- Zoning: RES 1132: DUPLEX
- Roof:
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Gravel Driveway,Detached Carport,Driveway,Off Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,973
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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115 Egypt Rd Mont Clare, PA 19453
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