INVESTOR ALERT!!! Rare opportunity to invest in a Phoenixille property with great income potential. Live in one unit and rent the other out to either an office user and/or convert the first floor office space into a second spacious apartment. Or... you could rent both units out and maximize your income potential. This property features charming characteristics found in the homes built in the early 1920's and is conveniently located to downtown Phoenixville just a few walking blocks to entertainment, medical care and fine dining. This property is zoned Residential Infill and will NOT allow the sale of retail goods or services of any kind. Medical or professional office users ARE permitted. The first floor was formerly used as a medical office. This is an ideal location for medical practices associated with the Phoenixville Hospital which is in close proximity.
A 2-bedroom apartment with spacious rooms, plenty of natural light and separate front entrance are located on the second and third floors.
The first floor is currently vacant and has tons of potential for the office user and/or to be converted into a large luxury apartment that could generate higher rental income. Additional space can be found on the lower level.
The apartment is currently rented on a month to month basis enabling the new buyer to negotiate their desired terms and conditions on any new leases.
This property has five off-street parking spots. Apartments are required to have two parking spots per apartment according to Borough code.
Please contact the Code Enforcer - Dave Boelker to verify and zoning questions and/or concerns.
Courtesy of: Tosco Real Estate Services Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 23rd October, 2021 5:18 AM