Views
Address
56 Steinmetz Road, Pottstown, PA
Price
$ 750,000
Property Attributes
- MLS#PAMC2103272
- TypePending
- CountyMONTGOMERY
- CityPottstown
- AreaUpper Pottsgrove Twp
- Zip19464
- StyleColonial,Cottage,Ranch/Rambler,Raised Ranch/Ramble
- Year Built1900
- Taxes$ 16743
- Price$ 750,000
- Bedrooms17
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8.34 Acres
Data Source:
Bright MLS
Property Description
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
| Middle School | High School |
|---|---|
| Pottsgrove Middle School | Pottsgrove Senior High School |
| Price History | |
|---|---|
| 5/19/2024 | Listed $750,000 |
General Features
| 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 |
| School District | POTTSGROVE |
| 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 |
| Gross Income | 69200.00 |
| OwnerPays | Common Area Maintenance,Lawn/Shrub Care,Snow Removal,Trash Collection |
| Accessibility | None |
| County | MONTGOMERY |
| Net Operating Income | 23248.00 |
| Operating Expense | 45952.00 |
| New Construction | No |
| Property Type | Multi-Family |
| MaintenanceExpense | 4530.00 |
| Garage Y/N | No |
| Water Access Y/N | No |
| 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 |
| ModificationTimestamp | 2024-06-12T00:55:20 |
| 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 |
| NumberOfUnitsTotal | 4 |
| MLS Area | Upper Pottsgrove Twp (10660) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 363290.00 |
| Tax Assessed Value | 345330.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 8 |
| Tax Annual Amount | 16743.0 |
| Home Warranty Y/N | No |
| Property Condition | Below Average |
| Trash Expense | 10195.00 |
| Two Bedroom | 5 |
| Structure Type | Other |
| One Bedroom Units Count | 4 |
| NumberOfUnitsVacant | 2 |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9,Unit 10 |
| Price Per Sq Ft Total AG | 66.42 |
| Acceptable Financing | Cash,Conventional |
| Avg. Electric Per Month | 240.0 |
| Avg. Gas Per Month | 245.0 |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 11291 |
| 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 | No |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool | No Pool |
|---|---|
| Parking Features | Gravel Driveway |
| Lot Features | Secluded,Not In Development |
| Water Source | Well |
| Total Parking Spaces | 15 |
| Type of Parking | Off Street |
| Land Use Code | 4203 |
| Water View Y/N | No |
| Lot Dimensions | 664.00 x 0.00 |
| Lot Size Acres | 8.34 |
| Lot Size Source | Assessor |
| Road Responsibility | Boro/Township |
| Land Assessed Value | 0.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Off Street - # of Spaces | 15 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 19464
Price
Taxes
Visits
Year Built
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