236 N CHARLOTTE STREETPOTTSTOWN, PA 19464




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$1,366**CALLING ALL INVESTORS** Bolster your rental portfolio with this cash flowing 3 unit property in the heart of Pottstown. This property features a large side lot for future potential, a huge detached 3 car garage with space above. Leave it as is, or finish for additional income as the neighbors to the right have already done (run past the township for any/all approvals). Property is currently fully occupied with long term tenants that are looking to stay, all of which are on month to month leases. Featuring a 3 bedroom unit (one bedroom is a walkthrough) rented at $1000/mth, a 2 bedroom unit rented at $800/mth, and a recently renovated 1 bedroom unit rented at $975/mth. Landlord pays water/sewer/trash, that comes to an annual amount of $3100/year. Tenants pay all other utilities, maintain grass, and take care of snow removal. There are separate electrical meters for each unit, separate electrical panels (100amp), a gas meter for Unit 3 dryer, and a another gas meter for Unit 2 cooking. Expenses include taxes: $5105, water/sewer/trash: $3100, insurance approximately: $2400, maintenance approximately: $750. Pottstown's bi-annual inspection was last done 12/2023 and any necessary repairs were made. This property is a great addition to your rental fleet, do not miss your chance to increase your passive income.
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