18 CHESTNUT ST new to site

Pottstown,PA 19464

$ 425000

- Bed

- Bath

2055 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,055 sqft

Price per Sqft $206

MLS Listing ID PAMC2138758

Style Colonial

Abv Grd Liv Area 2,055

Originating Board BRIGHT

Year Built 1923

Annual Tax Amount $5,597

Tax Year 2024

Lot Size 4,200 Sqft

Acres 0.1

Lot Dimensions 30.00 x 0.00

Property Sub-Type Detached

Property Description

An exceptional investment opportunity awaits with this fully leased, income-generating quadruplex in Pottstown Boro. This turn-key property features four well-maintained units—three spacious one-bedroom apartments and one unique one-bedroom with a versatile den, perfect for a home office or additional living space. Each unit offers its own private entrance, providing tenants with added privacy and convenience. The building also boasts a shared backyard, ideal for outdoor enjoyment, and includes two off-street parking spaces. All units are separately metered for electric, gas, heat, and hot water, with each unit equipped with its own water heater—keeping utility responsibilities in the hands of the tenants. The only utility covered by the owner is water/sewer/trash, making this a low-expense, high-yield investment. With all four units currently rented, this property offers immediate cash flow and is a seamless addition to any investor's portfolio. Whether you're looking to expand your rental holdings or step into multifamily ownership, this property is ready to perform from day one. A copy of the financials are available in the documents section of BRIGHT. Unit 1F: $700/month, Unit 1R: $700/month, Unit 2F: $800/month, Unit 2R: $740/month.

Location

State PA

County Montgomery

Area Pottstown Boro (10616)

Zoning RHD

Rooms

Basement Full,Unfinished

Interior

Interior Features Ceiling Fan(s)

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Wood,Fully Carpeted,Vinyl,Tile/Brick

Fireplace N

Window Features Energy Efficient

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Stone,Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade,Below Grade

New Construction N

Schools

Middle Schools Pottstown

High Schools Pottstown Senior

School District Pottstown

Others

Tax ID 16-00-05348-009

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

View More
Favorite Go Tour