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110 King St
For Sale $525,000
$525,000
- 8 Units
- Unknown Sq Ft
- 6,300 Sq Ft
- Unknown Cap Rate
Description
One of a kind investment opportunity. The is an apartment complex located in the historic district of Pottstown.
Two (2) 1BR/1Bath apartments.
One (1) efficiency.
Six (6) single rooms.
Two (2) double car garages.
We own the driveway. The owner of the building next door pays us yearly for an easement.
Inside redone a few months ago. Painted, new LVT floor, etc.
There are six (6) heat pumps that provide heat/cooling. They are less than (10) years old.
Income
Each 1BR rents for $1,572 (section 8). $18,864 annually
The efficiency rents for $1,428 (section 8). $17,136 annually
Each single room rents for $750 (self-pay). $54,000 annually
Each garage rents for $200. ($4,800 annually)
Easement rents for $400 per year. ($400 annually)
Total Annual Revenue = $95,200
Expenses (water, electric, taxes, trash)
Water, sewer, trash (approximately $12,000 annually)
Electric for heat and air condition (approximately $8,000 annually)
Taxes are $5,400 annually
Total Annual Expenses = $25,400
NOI = $69,800
Cap rate is 12%
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $525,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1873 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 160017200001 |
| MLS # | PAMC2155800 |
| Property ID | 322198381 |
| Lot Sqft | 6,300 |
| Zoning | MULTI-FAMILY |
| Total Units | 8 |
| Days on Market | 77 |
| Original List Price | Unknown |
| Date Updated | September 23, 2025 |
| Date Created | September 22, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Chris Andrew Napoli an agent of . Lic #RS352385
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Data last updated: December 08, 2025.
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