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401 Chestnut St, Pottstown, PA 19464

$240,000
: 1,378
SqFt

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List Price: $240,000
Status: ACTIVE
Days on Market: 12
MLS#: PAMC2197320
Subtype: Multi-Family
Style: Traditional
Year Built: 1870
Living Area: 1,378
Lot Size: 2,391
Acres: 0.05
MLS Area Major: Pottstown Boro (10616)

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Property Description

Two-unit investment property in Pottstown Borough, fully occupied with $2,090/month in scheduled rent ($25,080/yr). Unit 1 is a 1 bed, 1 bath apartment and Unit 2 is a 2 bed, 1 bath apartment. Updated interiors with wood-look flooring, ceiling fans, and kitchens with black appliances including built-in microwaves. Brick corner building in a walkable location a short distance from High Street shops, dining, and services. Annual taxes approx. $2,352 (assessment $35,200). A solid addition to a buy-and-hold portfolio or a starter investment with in-place income. Both units are tenant occupied; showings by appointment with 24-hour notice. Please do not disturb tenants.

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Additional Information

Taxes: $2,352
Property Description: Traditional
Zoning: RES
Heating: Central
Air Conditioning: None
Foundation: Other
School District: Pottstown