Description
OUTSTANDING INVESTMENT OPPORTUNITY IN POTTSTOWN! Ideally located directly across from the prestigious The Hill School, this charming mixed-use property offers immediate income and long-term upside. Fully leased and well-maintained, it's a turnkey addition to any investor's portfolio. The commercial storefront is occupied and operating as a retail space, generating $975/month in rental income. The spacious 3-bedroom, 2-bath residential unit is currently leased at $1,550/month (below market value). Current tenants are on a month-to-month lease. Residential space is Section-8 approved. Beyond its current performance, the property presents exciting value-add potential. Property as the ability to be converted into two units with Architectural plans needing to be submitted to the township-offering future expansion and increased income for the next owner. Additional features include a generously sized rear yard and off-street parking, adding convenience and appeal for both residential and commercial tenants. Don't miss this rare opportunity in a highly desirable location-schedule your tour today and secure a property that delivers both immediate returns and future growth potential! I have several lenders lined up to assist with the purchase of this mixed-use property.
Details
| MLS # | PAMC2179846 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1908 |
| Days On Site | 138 |
| Listing Provided By | Epique Realty | Robin Lawhorn |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Basement | Y |
| Story(s) | 3 |
| Zoning | TTN |
| Acreage | 0.10 |
Interior
| Cooling | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
Exterior
| Construction Materials | Stucco, Vinyl Siding |
|---|---|
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 6226 |
|---|
Area Information
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | POTTSTOWN |
| Zip Code | 19464 |
| Area | Pottstown Boro (10616) |
| Community Name | POTTSTOWN |
| School District | POTTSTOWN |
| Listing VS Median (in POTTSTOWN) | |
Price: $259,000 low | high Med: $217,450 On site: 138 low | high Med: 26.5 | |
Market Activity 19464
Request a showing
Request a showing
Contact
Learn More About This Property
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | POTTSTOWN |
| Zip Code | 19464 |
| Area | Pottstown Boro (10616) |
| Community Name | POTTSTOWN |
| School District | POTTSTOWN |
| Listing VS Median (in POTTSTOWN) | |
Price: $259,000 low | high Med: $217,450 On site: 138 low | high Med: 26.5 | |
 | $725,000870 E High StPottstown, PA 19464 |
 | $725,000870 E High StPottstown, PA 19464 |
 | $209,900851 Queen StPottstown, PA 19464 |