About This Home

This 0-bedroom, 0-bathroom residential multi family at 237 FRANKLIN in Phoenixville, PA is listed for $1,000,000 ($211 per sqft). Built in 1900, the home offers 4,746 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1900
  • 0.13 acre lot

Property Details

1900
Listing Description

Updated financials! A true 7 cap in downtown Phoenixville at $1M. 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.

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

237 FRANKLIN

Phoenixville, PA 19460

Property Details

Construction

Aluminum Siding Brick

Parking

Parking Lot

Heating

Hot Water(Heating)Baseboard

Cooling

Ductless

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 237 FRANKLIN is listed at $1,000,000 ($211/sqft). The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.13 acre lot.

This property is listed by Erich Beyer.

EB

Erich Beyer

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 397-7352 · View on Broker Site · Broker website

MLS# PACT2133578· Source: Bright MLS· 73 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

237 FRANKLIN, Phoenixville, PA 19460

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