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Street View
$900,000
Monthly Est:$4,480
-- Bed
-- Bath
2,400sqft
198 Franklin Ave, Phoenixville, PA 19460
$900,000
$4,480/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
1,417.01 sqft lot
$375/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: November 3, 2026 at 6:16 pm
- Listing Provided by: Erich Beyer (610) 731-7949 | EXP Realty, LLC (888) 397-7352
- Source: Bright MLS-NJ | MLS#: P2137910
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
2,400 sqft
Lot Size
1,417.01 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
P2137910
MLS Status
ACTIVE-BRIGHT
Days on Market
21
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Baseboard Electric
Sewer
Public Sewer
Cooling
None
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Architectural Style
Other
Foundation Details
Stone
Construction Materials
Stone
Roof
Flat
Utilities & Energy
Basement
Heated, Outside Entrance, Rough Bath Plumb, Unfinished
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/14/2026 Source: | Listed for Sale | $900,000 +200.00% $375/sqft |
03/30/2021 Source: | Sold | $300,000 $125/sqft |
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