1132 Ridge Rd,POTTSTOWN, PA 19465
POTTSTOWN, PA 19465
Description
This property offers a unique investment opportunity with multiple income streams. The seller has obtained township approval to construct a 5,000 SF warehouse-style building, bringing the total to three potential income-producing structures. Currently, there is a 7,152 SF Building that was a school housethen the district court. Full-size basement as well. The second building is 3,520 and consists of 4 -Garages, with powder rooms and heaters. Since acquiring the property, the owner has made significant upgrades, including the installation of new heating systems and central air, a new septic system designed to support both the existing buildings and the proposed 5,000 SF warehouse, and a new buried propane tank. The upstairs of the main front building has also been fully remodeled. New Electric. Powder rooms added to units in the rear garage. The property is currently 100% occupied, with manageable lease terms that provide flexibility for a potential owner-occupant. Existing tenants have expressed interest in remaining, though all tenancy arrangements will be subject to the new owner's plans. All buyers are responsible for independently verifying the details of the listing. If desired, the seller is open to discussing the construction of the approved 5,000 SF warehouse as part of the transaction.
Details
| MLS # | PACT2121192 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1924 |
| Days On Site | 212 |
| Listing Provided By | RE/MAX Action Associates | David J Thomas |
Features
| Zoning | C1 |
|---|---|
| Acreage | 3.20 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Block, Brick, Shingle Siding |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 12311 |
|---|
Area Information
| State | PA |
|---|---|
| County | CHESTER PA |
| City | POTTSTOWN |
| Zip Code | 19465 |
| Area | South Coventry Twp (10320) |
| School District | OWEN J ROBERTS |
| Listing VS Median (in 19465) | |
Price: $1,100,000 low | high Med: $475,000 On site: 212 low | high Med: 58 | |
Market Activity 19465
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Learn More About This Property
| State | PA |
|---|---|
| County | CHESTER PA |
| City | POTTSTOWN |
| Zip Code | 19465 |
| Area | South Coventry Twp (10320) |
| School District | OWEN J ROBERTS |
| Listing VS Median (in 19465) | |
Price: $1,100,000 low | high Med: $475,000 On site: 212 low | high Med: 58 | |