Rare opportunity to purchase a 5-unit apartment building in the thriving downtown Phoenixville market. Available for sale is 237 Franklin Avenue, featuring five residential units: Unit Mix & Current Rents Unit 1 — 1 bed / 1 bath — $1,500 Unit 2 — 1 bed / 1 bath — $1,500 Unit 3 — 2 bed / 1 bath — $2,065 Unit 4 — 1 bed / 1 bath — $1,475 Unit 5 — 1 bed / 1 bath — $1,425 Laundry Income — $50 Coin operated laundry is in the basement. Purchase Price: $1,100,000 Annual Expenses Taxes — $5,227 Insurance — $3,764 Water/Sewer — $1,724 PECO — $2,828 Trash — $1,451 Lawncare — $500 Vacancy — $4,808 This is an excellent opportunity to acquire a cash-flowing multifamily property in Phoenixville. All units were renovated from 2017-2020 with hardwood/luxury vinyl floors, and granite/tile kitchen and bath finishes with stainless steel appliances.