Selea Andrews - Coachman Properties Logo
$900,000
 $4,831 est/mo Sourced by Back At You

198 Franklin Ave,PHOENIXVILLE, PA 19460

PHOENIXVILLE, PA 19460

Share:

PreviousNext

Description

Exceptional investment opportunity at 198 Franklin Avenue in Phoenixville! This five-unit apartment building grosses $90,900 per year and is offered at an attractive 7.63% cap rate. With a low acquisition cost per unit, this property offers strong income with additional room for growth. Four units have been renovated, leaving a clear opportunity to add value by updating the final unit. That remaining renovation offers the potential to increase rental income, improve net operating income, and build long-term property value. With its distinctive architecture, compelling price per unit, and achievable renovation upside, this property is an excellent opportunity for investors seeking both income and future appreciation in Phoenixville. Full expense list in flyer. Call Erich Beyer today to schedule a showing. Agent has financial interest in property.

Details

MLS #PACT2137910
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1900
Days On Site23
Listing Provided ByEXP Realty, LLC | Erich Beyer

Features

SQ Feet2,400
BasementY
Units1
ZoningRI
Acreage0.03

Interior

CoolingNone
Heating Yes / NoYes
HeatingBaseboard - Electric

Exterior

RoofFlat
Construction MaterialsStone
Foundation DetailsStone

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount6596

Area Information

StatePA
CountyCHESTER PA
CityPHOENIXVILLE
Zip Code19460
AreaPhoenixville Boro (10315)
School DistrictPHOENIXVILLE AREA
Listing VS Median (in 19460)
Price:
$900,000
low | high
Med:
$386,200
100% of Average
sqft:
2,400
low | high
Med:
1,327
94.708333333333% of Average
$ / sqft:
$375
low | high
Med:
$291
72.325281408117% of Average
On site:
23
low | high
Med:
62.5
36.8% of Average
Sourced by Back At You

Market Activity 19460

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coachmen Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

Contact

Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StatePA
CountyCHESTER PA
CityPHOENIXVILLE
Zip Code19460
AreaPhoenixville Boro (10315)
School DistrictPHOENIXVILLE AREA
Listing VS Median (in 19460)
Price:
$900,000
low | high
Med:
$386,200
100% of Average
sqft:
2,400
low | high
Med:
1,327
94.708333333333% of Average
$ / sqft:
$375
low | high
Med:
$291
72.325281408117% of Average
On site:
23
low | high
Med:
62.5
36.8% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $675K - $1.125M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
416 SOUTH ST Property Photo 1
$775,000
416 South St
Phoenixville, PA 19460
Listing Updated: November 6, 2026 at 9:58:15 AM PST

Selea Andrews - Coachman Properties