Skip To Content

21 King Street

POTTSTOWN, PA 19464
  • $210,000
  • STATUS: Pending
  • ON SITE: 12 Days
  • ID#: PAMC2072200
Pending
$210,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,720
    SQFT
  • $122
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Solid Brick Twin 2-Unit in the heart of up-and-coming downtown Pottstown. Conveniently located near Manatawny Park, the Pottstown Carousel, Montgomery County Community College West Campus, Steel River Playhouse, Schuylkill River Trail, and an unique array of shops, restaurants, brewpubs, and outdoor dining venues. There are 2 apartments- one 1 BR first floor unit and one 2-3 BR second/third floor unit.The first floor apartment includes a large porch, spacious kitchen, first floor laundry connections, living room and bedroom with high ceilings. The upstairs unit includes an eat-in kitchen, living room, bedroom and full bathroom on the second level, 2 additional bedrooms in the finished attic (Note one of the third floor bedrooms is a walk-through), plus additional attic storage area.There is plenty of room for outdoor activities on the side porch, two paver-style patios, nice back yard and landscaped side yard. A two car detached garage (22x23) with its own 200Amp electric service can be a source of additional income.The duplex property is currently vacant and can use some renovations and repairs, but, when ready, the apartments and garage should be easy to rent and start generating income.The following numbers are projections/estimates to provide a sense of the possible income and expenses: approximate monthly rents of $950, $1175, and $200 for the 2 apartments and detached garage total $27,900 annually. Annual projected expenses include estimates of $4455 taxes, $1500 home insurance (excluding flood insurance), $2800 oil, $600 landlord electric, $2200 water/sewer/trash. Net annual income with this scenario would be about $16,345/year. Variations in rental amounts, utility separation/allocation, etc. will affect the net income generated. The property is being sold in as-is condition and the buyer will be responsible for the use and occupancy inspection. This property represents a great opportunity to invest and join in the resurgence of Pottstown.

Monthly Payment Calculator



©2023 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 The Lisa Mathena Group. 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: 2023-06-07T23:52:27.767.
www.lisasellsdelaware.com/homes/139923493
Print Image

21 King Street POTTSTOWN, PA 19464

  • Price: $210,000
  • Status: Pending
  • On Site: 12 Days
  • ID#: PAMC2072200
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1,720
SQFT
$122
$/SQFT
1900
Built
Neighborhood:
Pottstown Boro (10616)
County:
Montgomery
Area:
Pottstown Boro (10616)
School District:
Pottstown
Property Description
Solid Brick Twin 2-Unit in the heart of up-and-coming downtown Pottstown. Conveniently located near Manatawny Park, the Pottstown Carousel, Montgomery County Community College West Campus, Steel River Playhouse, Schuylkill River Trail, and an unique array of shops, restaurants, brewpubs, and outdoor dining venues. There are 2 apartments- one 1 BR first floor unit and one 2-3 BR second/third floor unit.The first floor apartment includes a large porch, spacious kitchen, first floor laundry connections, living room and bedroom with high ceilings. The upstairs unit includes an eat-in kitchen, living room, bedroom and full bathroom on the second level, 2 additional bedrooms in the finished attic (Note one of the third floor bedrooms is a walk-through), plus additional attic storage area.There is plenty of room for outdoor activities on the side porch, two paver-style patios, nice back yard and landscaped side yard. A two car detached garage (22x23) with its own 200Amp electric service can be a source of additional income.The duplex property is currently vacant and can use some renovations and repairs, but, when ready, the apartments and garage should be easy to rent and start generating income.The following numbers are projections/estimates to provide a sense of the possible income and expenses: approximate monthly rents of $950, $1175, and $200 for the 2 apartments and detached garage total $27,900 annually. Annual projected expenses include estimates of $4455 taxes, $1500 home insurance (excluding flood insurance), $2800 oil, $600 landlord electric, $2200 water/sewer/trash. Net annual income with this scenario would be about $16,345/year. Variations in rental amounts, utility separation/allocation, etc. will affect the net income generated. The property is being sold in as-is condition and the buyer will be responsible for the use and occupancy inspection. This property represents a great opportunity to invest and join in the resurgence of Pottstown.
Exterior Features

Architectural Style Colonial Construction Materials Brick Exterior Features Awning(S)Extensive HardscapeSidewalks Garage Spaces 2.00 Garage Type Garage - Rear Entry Garage YN Yes Parking Types Detached Garage Patio And Porch Features Patio(S)Porch(Es) Pool No Pool Riparian Rights YN No Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1720 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Radiator Heating YN Yes Inclusions 2 Refrigerators2 Ranges Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel None Cross Street Manatawny Street Electric Circuit Breakers Foundation Details Other Heating Fuel Oil Hot Water Electric Municipality Pottstown Boro Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802344735988 Owner Pays HeatSewerTrash CollectionWater Ownership Interest Fee Simple Possession Negotiable Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 4455.00 Tax Assessment Amount 73250.00 Tax Lot 38 Vacation Rental YN No Water Source Public Zoning Ttn Zoning Description Traditional Town Neighborhood

Listing courtesy of : .


©2023 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 The Lisa Mathena Group. 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: 2023-06-07T23:52:27.767.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802344735988-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802344735988-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802344735988-2.jpg
Logo
The Lisa Mathena Group
13 Bridgeville Road
Georgetown DE, 19947