Address
209 Gay Street Phoenixville, PA
Price
$ 350,000
Property Attributes
  • MLS#PACT2008140
  • TypeCommercial
  • CountyCHESTER
  • CityPhoenixville
  • AreaPhoenixville Boro
  • Zip19460
  • StyleApartment Building,Medical,Professional
  • Year Built1920
  • Taxes$ 4661
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3956
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Tosco Real Estate Services
Data Source:
Bright MLS - 382 - MD
Property Description

INVESTOR ALERT!!! Rare opportunity to invest in a Phoenixille property with great income potential. Live in one unit and rent the other out to either an office user and/or convert the first floor office space into a second spacious apartment. Or... you could rent both units out and maximize your income potential. This property features charming characteristics found in the homes built in the early 1920's and is conveniently located to downtown Phoenixville just a few walking blocks to entertainment, medical care and fine dining. This property is zoned Residential Infill and will NOT allow the sale of retail goods or services of any kind. Medical or professional office users ARE permitted. The first floor was formerly used as a medical office. This is an ideal location for medical practices associated with the Phoenixville Hospital which is in close proximity. A 2-bedroom apartment with spacious rooms, plenty of natural light and separate front entrance are located on the second and third floors. The first floor is currently vacant and has tons of potential for the office user and/or to be converted into a large luxury apartment that could generate higher rental income. Additional space can be found on the lower level. The apartment is currently rented on a month to month basis enabling the new buyer to negotiate their desired terms and conditions on any new leases. This property has five off-street parking spots. Apartments are required to have two parking spots per apartment according to Borough code. Please contact the Code Enforcer - Dave Boelker to verify and zoning questions and/or concerns.

Price History
9/24/2021 Listed $350,000

General Features

Acceptable Financing Cash, Conventional
Accessibility Ramp - Main Level
Business Type Apartment Building, Medical, Professional
Construction Materials Brick
Cool Fuel Oil, Electric
Cooling Central A/C
County CHESTER
Days on Market 74
Heating Radiator
Lot Size Square Feet 3375.00
MLS Area Phoenixville Boro (10315)
Municipality PHOENIXVILLE BORO
New Construction No
Ownership Fee Simple
Possession Immediate, 31-60 Days CD
Price Per Sq Ft 88.47
Property SubType Mixed Use
Property Type Commercial Sale
PropertyCondition Average
Sewer Public Sewer
Tax Annual Amount 4661.0
Tax Lot 0236
Tax Year 2021
Utilities Electric Available, Sewer Available, Water Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning RI-RESIDENTIAL INFILL
Zoning Description No retail goods sold or services permitted. Apartment and/or office such as medical or professional permitted

Interior Features

Central Air Y/N Yes
Heating Fuel Oil, Electric
Heating Y/N Yes
Hot Water Oil

Exterior Features

Building Area Total 3956.00
Car Parking Spaces 5
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.08
Lot Size Source Assessor
Navigable Water Y/N No
Total Parking Spaces 5
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

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 Commercial Average in 19460

Price
AVG $380K
$350K
Taxes
AVG $36,630
$4,661
Visits
AVG 81
6
Year Built
AVG 1909
1920
Walkscore
AVG 55
83
Data Provided by Walkscore ® not using MLS data

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