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Price Drop: $100K (09/24)
Street View
$1,000,000
Monthly Est:$4,977
-- Bed
-- Bath
4,746sqft
237 Franklin, Phoenixville, PA 19460
$1,000,000
$4,977/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
5,663 sqft lot
$211/sq.ft
Description
Updated financials! A true 7 cap in downtown Phoenixville at $1M. Rare opportunity to acquire a well-maintained, cash-flowing five-unit apartment building in the heart of thriving downtown Phoenixville. All five units were renovated between 2017 and 2020 and feature hardwood or luxury vinyl flooring, granite and tile finishes in the kitchens and bathrooms, and stainless steel appliances. Rents total $8,000 a month. Seller is a licensed real estate agent and has a financial interest in the property.
The property generates more than $8,000 in monthly rental income and an annual net operating income of $75,878. With strong in-place cash flow and continued upside in one of Chester County’s most competitive rental markets, this property represents an excellent addition to any investment portfolio.
Don’t miss the opportunity to acquire a stabilized, income-producing asset in a highly desirable downtown location.
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 6:41 pm
- Listing Provided by: Erich Beyer (610) 731-7949 | EXP Realty, LLC (888) 397-7352
- Source: Bright MLS-NJ | MLS#: P2133578
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
4,746 sqft
Lot Size
5,663 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
P2133578
MLS Status
PENDING-BRIGHT
Days on Market
39
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Ductless/mini Split
Sewer
Public Sewer
Heating
Baseboard Hot Water
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Property Condition
Excellent
Foundation Details
Permanent
Construction Materials
Aluminum Siding, Brick
Roof
Architectural Shingle, Flat
Architectural Style
Other
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
09/24/2026 Source: | Pending | $1,000,000 -9.09% $211/sqft |
07/30/2026 Source: | Listed for Sale | $1,100,000 $232/sqft |
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Based on information from Bright MLS through Oct 09, 2026, 02:30PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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