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Off market
  • $424,900

    508 N Franklin St, Pottstown, PA 19464

    2beds
    0baths
    2,825sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $424,900 Zestimate®
    $150/sqft
    $1,408 Estimated rent

    Home value

    $424,900

    $382,000 - $472,000

    $1,408/mo

    Zestimate® history
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    $1,408/mo

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    $2,694/mo

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    $2,694/mo

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    What's special

    Coming Soon! Showings will begin approximately July 1st! This is a very clean, well maintained, above average and professionally managed 4 unit residential building with additional "5th unit" 3 bay 800+ sq. ft garage. All units are currently occupied including rented garage! Step into a completely up and running building! Clean operation - All units are separate tenant paid low maintenance electric baseboard heat, tenant paid low maintenance electric hot water. Landlord pays water, sewer and trash. Off street parking in the rear of building provides an additional 4 to 6 parking spaces. Unit 1 - 1 bedroom - remodeled 2018, Unit 2 - 2 bedroom - remodeled 2017, Unit 3 - 1 bedroom - remodeled 2014, Unit 4 - 1 bedroom l bedroom - remodeled 2014. Exterior has been maintained in great condition, new dimensional shingle roof in 2015, nice yard area for tenants to enjoy. It has very great curb appeal and makes a great first impression for prospective tenants. This and overall above average conditions results in lower vacancy periods! This building would be ideal for both the beginning novice investor as well as the experienced investor. There is plenty of upside potential with this building! Additional interior pictures may be added at a later date! Be a part of Pottstown revitalization and economic growth! Current estimated cap rate 10.2%, potential for 11.5% and above!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 0
    Heating
    • Other
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Garbage disposal, Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,825 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 160010176005

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Pottstown

    Other

    Other facts
    • Appliances \ Range hood
    • BedroomMaster1Level \ Main
    • BedroomSecond1Level \ Upper 1
    • Design \ 2-Story
    • DiningKitchen \ EatInKitchen
    • ExteriorFeatures \ Fencing
    • GarageSpaces \ NoGarage
    • Handicap \ None
    • Heating system: Electric
    • HotWater \ Electric
    • InteriorSquareFeetSource \ Assessor
    • Kitchen1Level \ Main
    • LaundryType \ NoLaundry
    • LisMediaList \ Photo
    • LivingRoomLevel \ Main
    • LocaleListingStatus \ ACTIVE
    • LotDescription \ LevelLot
    • LotDescription \ SideYard(s)
    • MainEntrance \ Foyer
    • Ownership \ N\A
    • Parking \ Street
    • PetsAllowedList \ Yes
    • RoomList \ Bedroom-Master
    • RoomList \ Bedroom-Second
    • RoomList \ Kitchen
    • RoomList \ Living Room
    • State \ PA
    • StoryList \ Main
    • Styles \ Traditional
    • TenantPays \ Insurance
    • TenantPays \ TenantElec
    • TenantPays \ TenantHeat
    • Water \ Public
    • Water \ PublicSewer

    Price history

    DateEventPrice
    8/17/2022Sold$298,000+8.4%$105/sqft
    Source: Bright MLS #PAMC2041908 Report a problem
    6/28/2022Pending sale$275,000+25%$97/sqft
    Source: RE/MAX International #PAMC2041908 Report a problem
    9/9/2016Listing removed$900+28.6%
    Source: RE/MAX Synergy #6856834 Report a problem
    11/19/2015Listing removed$700
    Source: RE/MAX ACHIEVERS #6658116 Report a problem
    10/14/2015Listed for rent$700
    Source: RE/MAX ACHIEVERS #6658116 Report a problem
    12/15/2008Sold$220,000+37.5%$78/sqft
    Source: Public Record Report a problem
    10/28/2005Sold$160,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,763 +1.5%$109,530
    2024$6,663 $109,530
    2023$6,663 +1%$109,530
    2022$6,596 +1.8%$109,530
    2021$6,480 +0.3%$109,530
    2020$6,461 +3.2%$109,530
    2019$6,260 +6.9%$109,530
    2018$5,854 +0.7%$109,530
    2017$5,811 +0.1%$109,530
    2016$5,807 +0.6%$109,530
    2015$5,773 +2.3%$109,530
    2014$5,642 +1.8%$109,530
    2013$5,543 +1.2%$109,530
    2012$5,477 +3%$109,530
    2011$5,319 +4.8%$109,530
    2010$5,073 +6.2%$109,530
    2009$4,776 +6.3%$109,530
    2008$4,493 +7.2%--
    2007$4,192 +4%--
    2006$4,032 +3%--
    2005$3,913 +2%--
    2004$3,835 +2.4%--
    2003$3,744 +7.9%--
    2002$3,469 +11.2%--
    2000$3,121 +5.9%--
    1999$2,948 --

    Find assessor info on the county website

    Neighborhood: Beech/Wilson

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $424,900
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    Estimated market value
    $424,900