$1,000,000
 $5,368 est/mo Sourced by Back At You

237 Franklin,PHOENIXVILLE, PA 19460

PHOENIXVILLE, PA 19460

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Description

Updated financials! A true 7 cap in downtown Phoenixville at $1M. Rare opportunity to acquire a well-maintained, cash-flowing five-unit apartment building in the heart of thriving downtown Phoenixville. All five units were renovated between 2017 and 2020 and feature hardwood or luxury vinyl flooring, granite and tile finishes in the kitchens and bathrooms, and stainless steel appliances. Rents total $8,000 a month. Seller is a licensed real estate agent and has a financial interest in the property. The property generates more than $8,000 in monthly rental income and an annual net operating income of $75,878. With strong in-place cash flow and continued upside in one of Chester County's most competitive rental markets, this property represents an excellent addition to any investment portfolio. Don't miss the opportunity to acquire a stabilized, income-producing asset in a highly desirable downtown location.

Details

MLS #PACT2133578
Listing TypeFor Sale
Sub-TypeResale
StatusPending-bright
Year1900
Days On Site49
Listing Provided ByEXP Realty, LLC | Erich Beyer

Features

SQ Feet4,746
Units1
ZoningRI
Acreage0.13

Interior

CoolingDuctless/Mini-Split
Heating Yes / NoYes
HeatingBaseboard - Hot Water

Exterior

RoofArchitectural Shingle, Flat
Construction MaterialsAluminum Siding, Brick
Foundation DetailsPermanent

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount5227

Area Information

StatePA
CountyCHESTER PA
CityPHOENIXVILLE
Zip Code19460
AreaPhoenixville Boro (10315)
School DistrictPHOENIXVILLE AREA
Listing VS Median (in 19460)
Price:
$1,000,000
low | high
Med:
$382,455
100% of Average
sqft:
4,746
low | high
Med:
1,176
100% of Average
$ / sqft:
$211
low | high
Med:
$326
4.89128792367% of Average
On site:
49
low | high
Med:
10.5
100% of Average
Sourced by Back At You

Market Activity 19460

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Additional Information

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Contact

Learn More About This Property

Meg Roth

Meg Roth

Class Harlan Real Estate

#RS284668 (215) 280-4899meggieroth@gmail.com
StatePA
CountyCHESTER PA
CityPHOENIXVILLE
Zip Code19460
AreaPhoenixville Boro (10315)
School DistrictPHOENIXVILLE AREA
Listing VS Median (in 19460)
Price:
$1,000,000
low | high
Med:
$382,455
100% of Average
sqft:
4,746
low | high
Med:
1,176
100% of Average
$ / sqft:
$211
low | high
Med:
$326
4.89128792367% of Average
On site:
49
low | high
Med:
10.5
100% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 4:47:46 PM PDT