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419 LINCOLN AVE Pottstown, PA 19464
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Key Details
Sold Price $279,900
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $233
Subdivision None Available
MLS Listing ID PAMC2092170
Sold Date 02/29/24
Style Colonial
Abv Grd Liv Area 1,200
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,520
Tax Year 2023
Lot Dimensions 15.00 x 0.00
Property Description
2 rentals for the price of one! Two detached single family, 2 bedroom, 1 bath homes on one parcel outfitted with complete kitchen appliances as well as washer and dryers in each unit. Low, low taxes is a bonus on this property. Current leases total $3,000 a month in gross rental payments. Utilities include natural gas at the front home! Electric heat in both units that is the tenant expense. The electrical panels in both units has been upgraded to 100 amp services....Updated plumbing includes some PEX and PVC.....Newer roof on the front home.......The Use and Occupancy inspection was already completed for the Boro of Pottstown. The landlord would like to transfer the property in as is condition.....The current landlord kept up on the maintenance of this property. The adjacent lot is NOT part of this parcel. The right side of the property is where the for sale sign is, going straight back to the back of the lot. Landlord is involved in eviction process with the tenant in the front building, due to lack of payment. The hearing is on 1/11/2024, and the current landlord will complete the process. The lease for the front is $1,600 and the back is $1,400 monthly. Pictures were taken prior to tenants occupying the units.
Location
State PA
County Montgomery
Area Pottstown Boro (10616)
Zoning RMHD
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas, Electric
Heating Forced Air
Cooling None
Flooring Carpet, Vinyl
Fireplace N
Heat Source Electric
Exterior
Utilities Available Cable TV, Natural Gas Available, Phone
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pottstown
Others
Tax ID 16-00-19048-007
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing FHA, Cash, Conventional, VA
Listing Terms FHA, Cash, Conventional, VA
Financing FHA,Cash,Conventional,VA
Special Listing Condition Standard
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Bought with Donna M Godfrey • Godfrey Properties