56 Steinmetz Road Pottstown, PA $ 750,000
56 Steinmetz Road
$ 750,000
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56 Steinmetz Road

Pottstown, PA, 19464
$ 750,000
Bedrooms17 Baths0.0

Monthly Estimate*

$ 4,985

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Multi-Family Home for sale in Pottstown, PA

for $750,000 with 17 bedrooms. This home was built in 1900 on a lot size of 8.34.

DID YOU HEAR THAT?? It's opportunity knocking as this unique property is being offered for the 1st time in over 50 years. Off the beaten path on over 8 secluded acres are Six (6) detached buildings with potential Rental Income from 10 units. There's a Main Brick house with 5 apartments, 4 additional Single units, and a Huge Barn with 1 unit and loads of storage. One of the single units is a shell, and another was just vacated. The Main House has some new windows in 2021/2022 and a NEW Roof in 2022. Beyond that, the remaining units could use some updating/improvements.....hence rentals at below market value. So, given the improvements and FULL RESIDENCY at current market rates, this property has tremendous potential! For anything other than Residential Housing, see U. Pottsgrove Twp Zoning-Chapter 350-30 for a list of approved uses. Beyond those, contact the Zoning officer at LTL Consultants. PLEASE DO NOT WALK THE GROUNDS WITHOUT HAVING AN APPOINTMENT WITH YOUR AGENT! Thank you

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Multi-Family Pending

Price

$ 750,000

Bedrooms

17

Property Type

Multi-Family

Taxes

$ 16,743

Style

Colonial,Cottage,Ranch/Rambler,Raised Ranch/Ramble

Lot Size

8.34

Year Built

1900

Town/City

Pottstown

County/Region

Montgomery

MLS | Web ID

PAMC2103272

Features
Interior
Heating Fuel Natural Gas Electric
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Street Suffix ROAD
Central Air Y/N N
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General
Sewer On Site Septic
Heating Baseboard - Electric Baseboard - Hot Water Heat Pump(s)
Cooling Window Unit(s)
Utilities Electric Available Natural Gas Available Cable TV Available
Possession Negotiable
Zoning LI
Architectural Style Colonial Cottage Ranch/Rambler Raised Ranch/Rambler Converted Barn
Construction Materials Brick Frame
Exclusions Tenant's personal property
Year Built 1900
Electric 100 Amp Service
View Garden/Lawn Trees/Woods
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality UPPER POTTSGROVE TWP
Gross Income 69200.00
Accessibility None
County MONTGOMERY
Net Operating Income 23248.00
Operating Expense 45952.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions From Boyertown take 100S to the Farmington Ave Exit......bear Left and stay on Farmington to a Right on Steinmetz and follow to the top of the hill. From 422 take 100N take State St exit to a Left o
City POTTSTOWN
Buyer Agent Compensation 2
Zoning Description Light Industrial. NOTE: U. Pottsgrove Twp views this as a RESIDENTIAL Property. Zoning changes must go through LTL Consultants
Total Units 4
MLS Area Upper Pottsgrove Twp (10660)
Lot Size Square Feet 363290.00
Waterfront Y/N N
Number of Units Leased 8
Street Name STEINMETZ
Tax Annual Amount 16743.0
Home Warranty Y/N N
Property Condition Below Average
Trash Expense 10195.00
Two Bedroom 5
Structure Type Other
Price Per Sq Ft Total 66.42
Acceptable Financing Cash Conventional
Avg. Electric Per Month 240.0
Avg. Gas Per Month 245.0
Historic Y/N N
Vacation Rental Y/N N
Days on Market 7
Lease Type Month to Month Yearly
Standard Status Pending
Year Built Source Assessor
Tax Lot 127
Total Actual Rent 82800.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Pool No Pool
Parking Features Gravel Driveway
Lot Features Secluded Not In Development
Water Source Well
Type of Parking Off Street
Water View Y/N N
Lot Dimensions 664.00 x 0.00
Lot Size Acres 8.34
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility Boro/Township
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 56
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* Excluded Features
List By
Re/Max Achievers-Collegeville

Broker

rfinaldi@comcast.net

Email

Affordability Calculator

$6,380
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$1,395
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136899 Elementary School
2335402 Middle School
Pottsgrove Senior High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2024$750,000 Listed Price

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56 Steinmetz Road, Pottstown, PA, 19464 is a Multi-Family Home for sale at $750,000 with a lot size of 8.34. 56 Steinmetz Road has 17 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19464 which is in Pottstown, PA