237 Franklin, Phoenixville, PA 19460

Local realty services provided by:ERA OakCrest Realty, Inc.
237 Franklin,Phoenixville, PA 19460
$1,100,000
  • 6 Beds
  • - Baths
  • 4,746 sq. ft.
  • Multi-family
  • Active
Listed by: erich beyer
Office: exp realty, llc.
MLS#:PACT2133578
Source:BRIGHTMLS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$231.77

About this home

Rare opportunity to acquire a well-maintained, cash-flowing five-unit apartment building in the heart of thriving downtown Phoenixville. All five units were renovated between 2017 and 2020 and feature hardwood or luxury vinyl flooring, granite and tile finishes in the kitchens and bathrooms, and stainless steel appliances. Rents total $8,000 a month. Seller is a licensed real estate agent and has a financial interest in the property. The property generates more than $8,000 in monthly rental income and an annual net operating income of $75,878. With strong in-place cash flow and continued upside in one of Chester County’s most competitive rental markets, this property represents an excellent addition to any investment portfolio. Don’t miss the opportunity to acquire a stabilized, income-producing asset in a highly desirable downtown location.

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Home facts

  • Year built:1900
  • Listing ID #:PACT2133578
  • Added:5 day(s) ago
  • Updated:August 23, 2026 at 01:42 PM

Rooms and interior

  • Bedrooms:6
  • Living area:4,746 sq. ft.

Heating and cooling

  • Cooling:Ductless/Mini-Split
  • Heating:Baseboard - Hot Water

Structure and exterior

  • Roof:Architectural Shingle, Flat
  • Year built:1900
  • Building area:4,746 sq. ft.
  • Lot area:0.13 Acres
  • Construction Materials:Aluminum Siding, Brick
  • Foundation Description:Permanent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$231.77
  • Tax amount:$5,227 (2026)

Parking

  • Parking description:Parking Lot