For more information on this property, contact Liesel Tarquini at lieseltarquini@gmail.com

472 N Charlotte Street
Pottstown, Pennsylvania PA 19464-5377
Sold For: $216,000
Listing ID PAMC2008722
Status CLOSED
Sold Date 2/25/2022
Price/SqFt $92.19
SqFt 2,343
Acres 0.190
Year Built 1890

Property Description:

Back on the market due to buyer financing! Their loss, your gain! This duplex is a dream: One 4 bedroom/1 bath unit ($1250/month currently on a yearly lease), one 3 bedroom/1 bath unit ($1250/month projected rent) and a garage space ($75/month projected rent). Completely cosmetically updated and with new HVAC systems (heat and cooling) for both units, washer/dryer hookups, central a/c. Tenants pay heating/cooling/electric. Landlord pays water/sewer/trash. Off street parking. This cash-cow has a 10% cap rate (even when allowing for maintenance and all utilities!). Call to schedule a showing today!
Liesel Tarquini

Primary Features

County: Montgomery
Price/SqFt: 92.19
Property Sub Type: Detached
Property Type: Multi Family
Year Built: 1890
Zoning: RES

Interior

Basement: yes
Basement Type: Full
Central Air: yes
Cooling Type: Central A/C
Heating: yes
Heating Type: Forced Air
Living Area SqFt Source: Assessor
Total Below Grade SqFt Source: Assessor
Total SqFt: 2343
Total SqFt Source: Assessor

External

Architectural Style: Colonial
Building Units Total: 2
Construction Materials: Brick
Cooling Fuel: Electric
Garage: no
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Lot Dimensions Source: Assessor
Lot Size Dimensions: 60.00 x 0.00
Lot Size Source: Assessor
Lot Size Units: Square Feet
New Construction: no
Other Structures: Above Grade, Below Grade
Pool: No Pool
Sewer Septic: Public Sewer
Tidal Water: no
Type of Parking: On Street, Off Street
Utilities: Cable TV Available
Water Access: no
Water Oriented: no
Water Source: Public
Water View: no

Location

Country: US
MLS Area: Pottstown Boro (10616)
Municipality: POTTSTOWN BORO
School District Name: POTTSTOWN
School District Source: Listing Agent
Waterfront: no

Additional

Accessibility Features: None
Base Off Market Date: 2022-02-25T00:00:00+00:00
Days on Market: 42
Land Use Code: 1132
Municipal Trash: yes
Property Condition: Very Good, Good, Average
Property Sub Type: Duplex
Year Assessed: 2021
Year Built Source: Assessor

Financial

Acceptable Financing: Cash, Conventional
Automatically Update Tax Values: yes
Buyer Financing: Conventional
Cap Rate: 10
Contingency Type: Appraisal
Exclusions: Tenants' personal property.
Existing Lease Type: Yearly
Gross Income: 30900
Inclusions: Appliances in as-is condition with no monetary value.
Income Includes: Apartment Rentals
Insurance Expense: 900
Maintenance Expense: 2500
Net Operating Income: 20720
Operating Expense Includes: Insurance, Trash
Ownership Interest: Fee Simple
Possession: 0-30 Days CD, Immediate, Negotiable, 31-60 Days CD
Rent Control: no
Riparian Rights: no
Sale Type: Standard
Tax Annual Amount: 4280
Tax Assessed Value: 71900
Tax Lot: 067
Tax Total Finished SqFt: 2343
Tax Year: 2021
Total Actual Rent: 30900
Trash Expense: 1600
Vacation Rental: no

Zoning Info


Listing courtesy of Styer Real Estate

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Liesel Tarquini

United States

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