ENCHANTING VICTORIAN BRICK MANOR HOME WITH 3 APARTMENTS - Brand New to the Market!
Ideal Location - Overlook Private Parklands and enjoy the 20.6-mile Perkiomen Trail which extends from Green Lane to Collegeville, Audubon to Betzwood and Manayunk where it adjoins the Schuylkill River trail into Philadelphia and the trail is RIGHT IN YOUR BACKYARD! Three private parking spots are designated in the rear of the building and maintained by the Borough including snow plowing and maintenance. Fabulous 36 x 7' sq. ft. Covered Front Porch - ideal for un-winding and lounging is available for all tenants to enjoy
The architecture of the building is charming with many details indicative of the Victorian Era.
THIS FANTASTIC INVESTMENT OPPORTUNITY can be
used to Supplement your income and help pay a large portion of your mortgage by living in one of the 3 units and renting out the other 2 or rent all 3 units. Build up
equity in a growing area of Schwenksville. Positioned in one of the best locations on Main Street with all major improvements completed - this is a turnkey property! Walk to restaurants and shopping.
With all of the major and expensive improvements made in 2023 - 2024 - Newly painted Exterior, New Roof, New Soffits, - Porch Refurbished, Two New Water Heaters, Three new Split systems for heating and cooling with remote, New stairs to parking area. Light Sensors for safety on the Porch and Exterior. Each Apartment has its own electric meter. Public Water and Sewer. Rental increases are expected. Call Agent for details!
APARTMENT 1 - Two Bedroom - Largest apartment with one's own private side entrance. Private vestibule/foyer has a newly finished adjoining room that could be used as study or work area, or many other possibilities. Kitchen has double SS sink, Large Living/Dining Area with full length walk-in bay window. One Bedroom with walk-in closet. Full Hall Bath. Interior stairs lead to a private area in the basement with personal washer/dryer. There's also a workshop in the basement.
APARTMENT 2- Two Bedroom - Newly updated with fresh paint, including new wood flooring, new carpeting, new split heating and air conditioning system, newer windows, and updated full bathroom. The large Living area includes a coat closet
and is bright and cheery with lots of natural light from three elongated windows. The layout includes an Eat-In Kitchen w/ SS sink, huge pantry closet, brand new refrigerator, and new wood flooring. Two upstairs bedrooms.
APARTMENT 3- One Bedroom - Living Area with picturesque walk-in bay window and large personal covered balcony/porch with trex flooring that overlooks the scenic Perkiomen Trail. Efficiency Kitchen, Bathroom has shower stall and window. The bedroom has huge walk-in closet with dual access. New split heating and cooling system has just been installed.
WITH ALL OF THE NEW IMPROVEMENTS the Rental Income is conservatively
estimated to be $ 46,800. Owner pays water and sewer, trash, lawn service and
insurance. Two apartments use electric for heating and cooling and one apartment
uses oil for which the tenant is responsible. Current rents are below market value - instant
repositioning will increase the value of the asset and income Take advantage of this value investment now! Call agent for Details!