$ 900,000
-
$900,000
Price -
5
Bed -
2,400
SqFt -
0.03
Acre
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About the Listing EXPREALP - 3400482
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.
Listing Highlights for 198 Franklin Ave
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
PACT2137910
Year Built
1900
Total Square Footage
2,400
Lot/Acreage
0.03
Interior Details
- Bedrooms: 5
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2400
- Basement: Heated,Outside Entrance,Rough Bath Plumb,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RI
- Roof: Flat
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,596
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
198 Franklin Ave Phoenixville, PA 19460
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