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109 1/2 E High Street

POTTSTOWN, PA 19464
  • $450,000
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • MLS #: PAMC2038768
Under Contract
UPDATED: 16 min ago
$450,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Join the revitilization of downtown Pottstown. This 4 story commerial property is fully rented and has been well maintained over the years. The first floor commercial space is approximately 1600 square feet and has access to the 2 off street parking spaces. It features carpet & laminate flooring in the main room, a kitchenette with laminated flooring, half bath and 2nd finished room in the back. The 2nd floor apartment is also approx 1600 square feet and features 2 bedrooms, full bath, living room and kitchen. The 3rd floor apartment is approx 1000 square feet and has 1 bedroom, bath, living room, dining room and kitchen. The 4th floor is also approx 1000 square feet and features 1 bedroom, bath, living room, dining room & kitchen. The 3rd and 4th floor units have both been remodeled within the last 6 years. Total income is $ 35,100 per year and expenses are as follows: gas $2,203, insurance $2,828, water/sewer/trash $3,228, taxes $5,555 for a total of $13,814 so the net operating income is $21,286. Being sold is 109 1/2 E High St - Bright will not accept fractions. This does not include 112 High St.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or PORTERPLUS REALTY. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-03T15:52:16.08.
www.porterplusrealty.com/homes/128756850
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109 1/2 E High Street POTTSTOWN, PA 19464

  • Price: $450,000
  • Status: Active Under Contract
  • On Site: 47 Days
  • Updated: 16 min ago
  • MLS #: PAMC2038768
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1900
Built
Neighborhood:
Pottstown Boro (10616)
County:
Montgomery
Area:
Pottstown Boro (10616)
School District:
Pottstown
Property Description
Join the revitilization of downtown Pottstown. This 4 story commerial property is fully rented and has been well maintained over the years. The first floor commercial space is approximately 1600 square feet and has access to the 2 off street parking spaces. It features carpet & laminate flooring in the main room, a kitchenette with laminated flooring, half bath and 2nd finished room in the back. The 2nd floor apartment is also approx 1600 square feet and features 2 bedrooms, full bath, living room and kitchen. The 3rd floor apartment is approx 1000 square feet and has 1 bedroom, bath, living room, dining room and kitchen. The 4th floor is also approx 1000 square feet and features 1 bedroom, bath, living room, dining room & kitchen. The 3rd and 4th floor units have both been remodeled within the last 6 years. Total income is $ 35,100 per year and expenses are as follows: gas $2,203, insurance $2,828, water/sewer/trash $3,228, taxes $5,555 for a total of $13,814 so the net operating income is $21,286. Being sold is 109 1/2 E High St - Bright will not accept fractions. This does not include 112 High St.
Exterior Features

Construction Materials BrickStucco Garage YN No Location Type Downtown Parking Features Private Parking Types Other Property Condition Very Good Riparian Rights YN No Road Surface Type Black Top Roof FlatRubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5278.00 Cooling None Flooring CarpetLaminatedVinyl Heating Hot WaterRadiator Heating YN Yes Inclusions 3 Stoves2 Refrigerators Net Square Feet 5278.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street York St Electric 100 Amp ServiceCircuit Breakers Foundation Details Stone Gross Income 35100.00 Heating Fuel Natural Gas Hot Water Electric Insurance Expense 2828.00 Municipality Pottstown Boro Navigable Water YN N Net Operating Income 21286.00 New Construction YN No Number Of Units Total 4 Operating Expense Includes InsuranceSewerTrashWaterHeating/Cooling Original MLSNumber 801569314144 Other Expense 3228.00 Owner Pays Taxes - Real EstateTrash CollectionWaterHeatInsuranceSewer Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 5555.00 Tax Assessment Amount 92240.00 Tax Lot 39 Vacation Rental YN No Water Source Public Zoning D Zoning Description Downtown

Listing courtesy of Herb Real Estate, Inc..


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or PORTERPLUS REALTY. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-07-03T15:52:16.08.
 
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