264 Walnut St - Apartments FOR SALE


Phoenixville, PA 19460
$1,350,000 USD
917-526-2982
264 Walnut St, Phoenixville, PA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/40
null | 7.38% Cap Rate

264 Walnut St
Phoenixville, PA 19460


HIGHLIGHTS

  • 264 Walnut Street is a seven-unit building with two commercial units and three residential units.
  • Property is a corner brick building with updated stucco work and several renovated units.
  • Fourth floor is vacant and in shell condition, presenting future upside with possible expansion or addition of units.
  • Just four short blocks from Bridge Street, a major retail corridor.

OVERVIEW

264 Walnut is a brick corner mixed use building that’s a short 4 blocks away from Bridge Street’s retail corridor. The building consists of 2 Commercial Units and 5 Residential Units (3) 2 Bedroom Units and (2) 1 Bedroom Units. While several units have been renovated, 3 units remain in original condition and the entire 4th floor presents significant upside potential to possibly add units, increase amenity space or expand the 3rd floor. 7.3%+ Cap Rate upon lease up vacant units. Video Walk throughs are contained in the OM. Just click on them

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

7

PRICE/UNIT

$192,857

CAP RATE

7.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

RI Zone

APN/PARCEL ID

15-009-0603.0000

ASK ABOUT THIS PROPERTY

Jason TrembickiKeller Williams Park ViewsMore Info
917-526-2982

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Jason TrembickiKeller Williams Park ViewsMore Info
917-526-2982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.