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Pottstown, PA, 19464 • Manatawny/Farmington • Montgomery County
$206/sqft
4Beds
3Baths
1,448Sqft
0.13 acLot
1907Built
Colonial Style
Built 1907 · 119 years of history
Outdoor Living
Patio
Special Features
Above Grade · Below Grade
This home is in high demand
Listed 709 days ago · 3 views · Top 9% likely to sell soon
Demand and pricing signals for this listing
3 views
People checking out this listing
709 days on market
Established listing
$206/sqft
Price per square foot
This home ranks in the top 9% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1907 · Historic
Excellent Investment Opportunity Awaiting it's new Owner!! Situated across the street from Manatawny Park, this Triplex rests on a corner lot with a well manicured lawn. It is located close enough to walk to High St. yet far enough for tenants to enjoy a quiet neighborhood. Property was renovated just a few years ago and has been maintained. Renovations completed are as follows: 3 new hot water heaters, PEX plumbing throughout, updates to the electric panels and an owners panel added, exterior motion lighting, all windows replaced, interior and exterior painting, new raillings around the 1st floor front unit of the building, tile work in kitchens and some baths, minisplit installations for Heat and A/C, new gutters, concrete stairs to units 2 and 3 were redone along with a few newly poured pads along the walkway in front of unit 1 (1st Fl Rear). An exterior closet was also constructed with baseboard heat and water lines installed for the addition of a combo washer/dryer, but was never used for this purpose. (The closet is currently used to store exterior maintenance equipment.) Longterm tenants in 2 of the 3 units with interest in staying. Rents are below market value totaling $2450/mo. for an annual total of $29,400 and a cap rate of 7% with potential to increase to over $3000/mo., $36,000/yr. with a cap rate of 9-10%. (Efficiency: $600/mo; 1 Bedroom: $950/mo.; 2 Bedroom: $900/mo.) Utilities are split and tenants pay their own electricity. Owner pays for water/sewer/trash (about $635/qr.), taxes $4,500, Ins. $1,400. Parking for tenants/visitors is on 2nd Street and the borough allows a few spaces to be used across the street at the park. Please Note: *Basement is listed as a crawl space, but there is a partial walk out basement as well (bilco doors) which houses all of the utilities. **Public records states this property is within a flood zone and that is incorrect. Please see FEMA LOMA under documents.**
Standout features identified
Our analysis highlights water lines, newly poured pads, and exterior motion lighting as key attractions of this home.
Based on current rates
Est. 6.08% rate · 30yr fixed · $238,400 loan
Full calculator →Key facts and listing details
15 categories of property features
1 room detailed
Basement
Market data and value estimates
3 schools rated nearby
Pottstown, PA, 19464
17 events
26 years of records
Local context around this listing
Pottstown, PA • Montgomery County
Nearby neighborhoods
Nearby cities
Nearby zip codes
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