$535,000
$595,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
4,050 Sqft Lot
SOLD DATE : 08/30/2017
Key Details
Sold Price $535,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1003157065
Sold Date 08/30/17
HOA Y/N N
Originating Board TREND
Year Built 1870
Annual Tax Amount $15,185
Tax Year 2017
Lot Size 4,050 Sqft
Acres 0.09
Lot Dimensions 27
Property Description
Solid cash-flow producing building with many long term tenants. Located on the west end of High St, for great visibility and access to public transportation and Rt 422. Building features 3 business rentals; a long term pizza shop, a barbershop and a laundromat, as well as 1 unused office space being used by the owners. Laundromat business included in the sale, producing extra cash flow while turnkey managed by the laundromat vendor. There are 8 residential apartments, half have been upgraded. Remaining units could be renovated and rented at a higher market rent, thus giving value-added opportunity on this property. Many of the utilities are split. Many recent upgrades including new roofing. Owners will consider creative financing with the right investor(s). Great opportunity for the right investor.
Location
State PA
County Montgomery
Area Pottstown Boro (10616)
Zoning D
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Boro/Township
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pottstown
Others
Tax ID 16-00-14732-003
Ownership Fee Simple
Acceptable Financing Conventional, Lease Purchase, Private
Listing Terms Conventional, Lease Purchase, Private
Financing Conventional,Lease Purchase,Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Barbara Borger • Richard A Zuber Realty-Pottstown