USAPAPottstown110 King St
110 King St, Home with 0 bedrooms, 0 bathrooms and null parking in Pottstown PA | Image 1
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$525,000

110 King St, Pottstown, PA

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $54,059
Days Active 4
Approx. Age 1873
MLS® Number PAMC2155800

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

One of a kind investment opportunity. The is an apartment complex located in the historic district of Pottstown. Two (2) 1BR/1Bath apartments. One (1) efficiency. Six (6) single rooms. Two (2) double car garages. We own the driveway. The owner of the building next door pays us yearly for an easement. Inside redone a few months ago. Painted, new LVT floor, etc. There are six (6) heat pumps that provide heat/cooling. They are less than (10) years old. Income Each 1BR rents for $1, 572 (section 8). $18, 864 annually The efficiency rents for $1, 428 (section 8). $17, 136 annually Each single room rents for $750 (self-pay). $54, 000 annually Each garage rents for $200. ($4, 800 annually) Easement rents for $400 per year. ($400 annually) Total Annual Revenue = $95, 200 Expenses (water, electric, taxes, trash) Water, sewer, trash (approximately $12, 000 annually) Electric for heat and air condition (approximately $8, 000 annually) Taxes are $5, 400 annually Total Annual Expenses = $25, 400 NOI = $69, 800 Cap rate is 12%Show Description
MLS® NumberPAMC2155800
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1873
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump - Electric BackUp, Electric
A/CHeat Pump(s), Electric
Heating Fuel

Extras

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