303 Main St - Apartments FOR SALE


Phoenixville, PA 19460
$1,975,000 USD
917-526-2982
303 Main St, Phoenixville, PA for Sale
$1,975,000 USD
Apartments - FOR SALE
1/34
null | 6.27% Cap Rate

303 Main St
Phoenixville, PA 19460


HIGHLIGHTS

  • 8-Unit Multifamily Property
  • Detached Garage w/ Development Potential
  • 8 Off Street Parking Spots
  • Brick Building
  • Expansive Unit Sizes
  • 4 Units Have Private Laundry

OVERVIEW

303-305 Main Street is an 8 unit brick multifamily building in the heart of downtown Phoenixville, PA.? This property sits on an oversized L shaped lot that includes 8 off street parking spaces and a garage that can be renovated or converted for future value creation.? The units themselves are above average size and are comprised of (3) 2 bedroom units and (5) 1 bedroom units.? Laundry is in 4 of the 8 apartments, while the others have the benefit of using the on site laundry room.? Recent upgrades within the past 5 years include full unit renovations, roof, front stairs, pavement, entry doors among other improvements.? Centrally located just a block from Reeves Park and within a few short blocks from downtown Bridge Street.?

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

8

PRICE/UNIT

$246,875

CAP RATE

6.27%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

303-305 Main St, Phoenixville PA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,229 SF

ZONING

Residential Infill

APN/PARCEL ID

15-013-0416.0000

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.