109 1/2 E High Street

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.