New Listing
Description
OPEN HOUSE SATURDAY, 9/26, 11:00-1:00. Investment opportunity in the heart of downtown Royersford! 159 Main Street is a professionally managed 9-unit multifamily property featuring five 1-bedroom and four 2-bedroom apartments, approximately 800 SF each. The property has undergone substantial repositioning, with updated kitchens and baths, LVP/laminate flooring, stainless appliances, and high-efficiency mini-split HVAC in the majority of units. Seven units are currently occupied with two renovated, market-ready vacancies, providing an immediate opportunity to increase income. Current leases are staggered through 2027 with no month-to-month tenancies. Electric is separately metered and paid by residents, while water/sewer reimbursements are built into nearly every lease. Additional income includes on-site coin laundry, pet rent and other fees. The property also offers a private off-street parking lot-a valuable amenity in this walkable Main Street location. Calendar-year 2025 NOI was approximately $87,585, with meaningful potential for additional rent growth as below-market leases roll. Convenient to downtown restaurants, breweries, Victory Park, the Schuylkill River Trail and Route 422. Property is being offered as-is. Offering Memorandum and additional financial information available to qualified buyers.
Details
| MLS # | PAMC2193782 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Coming Soon-bright |
| Year | 1880 |
| Days On Site | 2 |
| Listing Provided By | Keller Williams Elite | Caleb T Knecht |
Features
| SQ Feet | 6,021 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 1 |
| Zoning | COMMERCIAL |
| Acreage | 0.85 |
Interior
| Cooling | Ductless/Mini-Split, Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Construction Materials | Stone, Vinyl Siding |
| Foundation Details | Stone |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Asphalt Driveway |
Taxes
| Tax Annual Amount | 11977 |
|---|
Area Information
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | ROYERSFORD |
| Zip Code | 19468 |
| Area | Royersford Boro (10619) |
| School District | SPRING-FORD AREA |
| Listing VS Median (in 19468) | |
Price: $1,400,100 low | high Med: $475,000 sqft: 6,021 low | high Med: 2,082 $ / sqft: $233 low | high Med: $231 On site: 2 low | high Med: 124 | |
Market Activity 19468
Request a showing
Request a showing
Contact
Learn More About This Property
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | ROYERSFORD |
| Zip Code | 19468 |
| Area | Royersford Boro (10619) |
| School District | SPRING-FORD AREA |
| Listing VS Median (in 19468) | |
Price: $1,400,100 low | high Med: $475,000 sqft: 6,021 low | high Med: 2,082 $ / sqft: $233 low | high Med: $231 On site: 2 low | high Med: 124 | |