508 N FRANKLIN ST Pottstown, PA 19464

Coming Soon! Showings will begin approximately July 1st! This is a very clean, well maintained, above average and professionally managed 4 unit residential building with additional "5th unit" 3 bay 800+ sq. ft garage. All units are currently occupied including rented garage! Step into a completely up and running building! Clean operation - All units are separate tenant paid low maintenance electric baseboard heat, tenant paid low maintenance electric hot water. Landlord pays water, sewer and trash. Off street parking in the rear of building provides an additional 4 to 6 parking spaces.
Unit 1 - 1 bedroom - remodeled 2018, Unit 2 - 2 bedroom - remodeled 2017, Unit 3 - 1 bedroom - remodeled 2014, Unit 4 - 1 bedroom l bedroom - remodeled 2014. Exterior has been maintained in great condition, new dimensional shingle roof in 2015, nice yard area for tenants to enjoy. It has very great curb appeal and makes a great first impression for prospective tenants. This and overall above average conditions results in lower vacancy periods! This building would be ideal for both the beginning novice investor as well as the experienced investor. There is plenty of upside potential with this building! Additional interior pictures may be added at a later date! Be a part of Pottstown revitalization and economic growth! Current estimated cap rate 10.2%, potential for 11.5% and above!