1050 Pike Springs Road
Phoenixville, PA 19460
MLS #7097117

Multi-Family
  • 5units
  • 4beds
  • 3baths
  • 5acres
  • 3,210sq ft
ACTIVE $500,000
Est. P&I payment: $1909.66/mo
1050 Pike Springs Road, Phoenixville, PA 19460
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Description for 1050 Pike Springs Road, Phoenixville, PA 19460
Flexible and unique commercial property on five acre parcel with over 600 feet of frontage on heavily traveled section of Route 113 (12,000 car average daily volume) situated just minutes from village of Kimberton and Phoenixville borough. Property includes historic stone farmhouse with three occupied apartment units, 22x15 office space with dedicated entrance and 30 x 40 board and batten barn with electric. Apartment 1 is a studio apartment with full bath, kitchen and dedicated porch entrance and generates monthly income of $500 - heat and electric included. Apartment 2, also with dedicated entrance, is located in 1960's extension and includes deck into mudroom entrance, two bedrooms, living room, kitchen and dining area and bath and generates $900 per month including heat - tenant pays separately metered electric. Access apartment 3 at the rear of the building via a large deck and garden area. This two floor unit includes mudroom, two bedrooms, bath, living room and eat in kitchen and generates $1150 per month including heat (second floor area not heated) - tenant pays electric. Separate shared lower level laundry / storage space with dedicated entrance available to all tenants. Total current monthly income from apartment units is $2600. Office and barn could generate additional combined monthly income of $1500 (included in Gross Annual Income), or rent them separately. AP zoning accommodates existing landscape yard, commercial horse stables, multi family use, veterinary hospital and a number of other potential uses. Subdivision possibilities may exist - please contact East Pikeland Township directly with any and all zoning questions.
MLS #7097117
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My Notes for MLS #7097117

General Features

  • Property Type: Multi-Family
  • Building Floors: 3
  • Design: Other
  • Entrance: PrivateEntr
  • Floor: Wood,​Fully Carpeted,​Vinyl
  • Gross Square Feet: 3,210
  • Land Square Feet: 217,800
  • Total Units: 5
  • Unit 1 Lease End: MONTH TO MONTH
  • Unit 2 Lease End: MONTH TO MONTH
  • Unit 3 Lease End: MONTH TO MONTH
  • Unit 4 Lease End: OWNER OCCUPIED
  • Unit 5 Lease End: OWNER OCCUPIED
  • Property Age: 117
  • County: CHESTER
  • Subdivision: NONE AVAILABLE

Exterior Features

  • Water Front: N
  • Exterior: Stucco,​Stone
  • Foundation: StoneFound
  • Roof: PitchedRoof,​ShingleRoof
  • Has Garage Flag: N
  • Garage Spaces: NoGarage
  • Parking: 8+CarParking

Interior Features

  • Basement: Y
  • Basement Type: Partial,​Unfinished,​OE/WkOutBsmt
  • Interior Features: Store/Office
  • Studio Efficiency Unit Count: 1
  • Two Bedroom Unit Count: 2
  • Baths Full Unit 1: 1
  • Room Count Unit 1: 3
  • Baths Full Unit 2: 1
  • Beds Unit 2: 2
  • Room Count Unit 2: 5
  • Baths Full Unit 3: 1
  • Beds Unit 3: 2
  • Room Count Unit 3: 6
  • Room Count Unit 4: 1
  • Room Count Unit 5: 1

Utilities Features

  • Central Air: N

Financial Features

  • Unit 1 Monthly Rent: 550
  • Unit 2 Monthly Rent: 900
  • Unit 3 Monthly Rent: 1,150
  • Unit 4 Monthly Rent: 500
  • Unit 5 Monthly Rent: 1,000
  • Annual Heating Expense: 3,200
  • Annual Maintanance Expense: 1,600
  • Tax Year: 2018
  • Total Assessment: 210,940
  • Total Taxes: 7,254

School Features

  • High School: PHOENIXVILLE
  • Middle School: PHOENIXVILLE
  • School District: Phoenixville

Miscellaneous Features

  • New Construction: N
  • Property Condition: As-is
  • Storage: Basement
  • Type: SingleBldg

Location

 
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Directions to 1050 Pike Springs Road, Phoenixville, PA 19460
Located across from Yeager's on Rt 113
The listing information for 1050 Pike Springs Road, Phoenixville, PA 19460 was graciously provided by our friends at the listing brokerage, Styer Real Estate

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P&I Payment $1909.66
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Last Updated 04/27/2018 at 1:56am
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