Updated and well-maintained 3-unit property in the heart of Pottstown, offering a projected $3,850/month in rental income - an excellent opportunity for investors or an owner-occupant seeking affordable living while generating income from the other units. Recent upgrades include new foyer flooring, stair treads, entry door, and fresh paint (Winter… Read More 2024), boosting curb appeal and interior appeal. Unit 1 (1 bed/1 bath) features a private side entrance, new LVT flooring (Fall 2023), and a current lease at $1,250/month. Unit 2 (1 bed/1 bath) is vacant and newly renovated with a modern kitchen, LVT flooring, and a new roof over the kitchen (Summer 2023) - move-in ready for a new tenant or ideal for owner occupancy. Unit 3 (2 bed/1 bath), currently rented below market at $1,250/month, includes a new bathroom, water heater, and kitchen flooring (Summer 2023). All units have electric heat and separate electric meters. With a blend of character, recent improvements, and strong cash flow potential, 11 South Franklin represents a smart and flexible investment. Read Less
Courtesy of Christa Ward, Iron Valley Real Estate of Lehigh Valley [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residential
Square Ft.
2,032
Lot Size
0.03 Acres
Year Built
1880
MLS Number
PAMC2141318
30 Days Snapshot Of 19464
$338k
+4%
(avg) sold price
42
+5%
homes sold
16
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,032 sqft living area, Built in 1880, Structure Type: Detached, 3 units in building, Colonial, Brick
Cooling
Electric, None
Foundation
Stone
Heating
Electric, Baseboard - Electric
Lot
1,203 sqft, Lot Size Dimensions: 20.00 x 0.00, 0.03 acres
Property
Other Structures: Above Grade, Below Grade, 2 one-bedroom units, 1 two-bedroom unit
Sewer
Public Sewer
Taxes
City/Town Tax: $917, City/Town Tax Pymnt Freq: Annually, County Tax: $258, County Tax Pymnt Freq: Annually, School Tax: $2,785, Tax Annual Amount: $3,960, Tax Year: 2022
Utilities
Hot Water: Electric
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