56-62 Steinmetz Road

Pottstown, PA 19464

$750,000
Price
17
Beds
10
Baths
11,291 Sq. Ft.
$66 / Sq. Ft.
11,291
Sq. Ft.
$66
per Sq. Ft.

Description

Did you hear that?? It's opportunity knocking as this unique property is being offered for the 1st time in over 50 years. Off the beaten path on over 8 secluded acres are Six (6) detached buildings with potential Rental Income from 10 units. There's a Main Brick house with 5 apartments, 4 additional Single units, and a Huge Barn with 1 unit and loads of storage. One of the single units is a shell, and another was just vacated. The Main House has some new windows in 2021/2022 and a NEW Roof in 2022....Did you hear that?? It's opportunity knocking as this unique property is being offered for the 1st time in over 50 years. Off the beaten path on over 8 secluded acres are Six (6) detached buildings with potential Rental Income from 10 units. There's a Main Brick house with 5 apartments, 4 additional Single units, and a Huge Barn with 1 unit and loads of storage. One of the single units is a shell, and another was just vacated. The Main House has some new windows in 2021/2022 and a NEW Roof in 2022. Beyond that, the remaining units could use some updating/improvements.....hence rentals at below market value. So, given the improvements and FULL RESIDENCY at current market rates, this property has tremendous potential! For anything other than Residential Housing, see U. Pottsgrove Twp Zoning-Chapter 350-30 for a list of approved uses. Beyond those, contact the Zoning officer at LTL Consultants. Please do not walk the grounds without having an appointment with your agent! Thank you
  1. Listed by Richard L Finaldi • RE/MAX Achievers-Collegeville
    P: 4848243230 rfinaldi@comcast.net

Property Details for 56-62 Steinmetz Road

Tax ID Number
60-00-02992-008
Ownership
Fee Simple
Structure Type
Other
Style
Colonial, Cottage, Ranch/Rambler, Raised Ranch/Rambler, Converted Barn
Waterfront
No
Views
Garden/Lawn, Trees/Woods
Garage
No
Cross Street
Farmington Ave

Location

Listing Courtesy of RE/MAX Achievers-Collegeville
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LISTING UPDATED: 05/28/2024 09:17 PM

Property Details for 56-62 Steinmetz Road

StatusPending
MLS #PAMC2103272
Days on Market7
Taxes$16,743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size8.34 AC / 363,290 SF
CountyMontgomery County

Location

Listing Courtesy of RE/MAX Achievers-Collegeville
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Building Information for 56-62 Steinmetz Road

Stories-Residences4Year Built1900Building Size-Lot Size8.34 AC / 363,290 SF

Payment Calculator

$5,488 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$1,395

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 56-62 Steinmetz Road

Location
Location
  • School District Name: POTTSGROVE
  • School District County ID: 300200397159
  • SchoolDistrictSource: Listing Agent
  • Middle Or Junior School: POTTSGROVE (MONTGOMERY PA)
  • MiddleSchoolSource: Listing Agent
  • High School: POTTSGROVE SENIOR (MONTGOMERY PA)
  • HighSchoolSource: Listing Agent
  • County: MONTGOMERY
  • MLS Area: Upper Pottsgrove Twp (10660)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $345,330
  • Year Assessed: 2023
  • County Tax: $1,463
  • Improvement Assessed Value: $0
  • City Town Tax: $1,381
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 4203
  • Historic: No
  • Zoning: LI
  • Zoning Dscrp: Light Industrial. NOTE: U. Pottsgrove Twp views this as a RESIDENTIAL Property. Zoning changes must go through LTL Consultants
  • Tax Lot: 127
  • School Tax: $13,764
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Lawn/Shrub Care, Snow Removal, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 5
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9,Unit 10
  • Units Leased Count: 8
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Rent includes Gas Heat and Electric
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Rent includes Gas Heat and Electric
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Rent includes Gas Heat and Electric
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: Rent includes Gas Heat and Electric
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Rent includes Gas Heat and Electric
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: No
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Small brick house behind the Main
Unit 7
  • Type: Unit 7
  • Unit Type Occupied YN: No
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: Vacant shell
Unit 8
  • Type: Unit 8
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: One-story cottage
Unit 9
  • Type: Unit 9
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 2-story house approaching the Barn
Unit 10
  • Type: Unit 10
  • Unit Type Occupied YN: No
  • Unit Type Lease Type: Month to Month
  • Beds Total: 3
  • Full Baths Count: 1
  • Unit Type Features: This unit is in the Barn - Has a Heat Pump
Financial Information
Expenses
  • Operating Expense: $45,952
  • Operating Expense Includes: Snow Removal, Trash
  • Trash Expense: $10,195
  • Maintenance Expense: $4,530
  • Electric Avg Month: $240
  • Electric Prev 12 Months: $2,880
  • Gas Avg Month: $245
  • Gas Prev 12 Months: $2,940
  • Professional Management Expense: $4,800
Financial Information
  • Gross Income: $69,200
  • Gross Scheduled Income: $91,800
  • Net Operating Income: $23,248
  • Annual Rental Income: $82,800
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 11,291.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 664.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Secluded, Not In Development
  • Road Responsibility: Boro/Township
  • Parcel ID: 841479
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 15
  • Parking Features: Gravel Driveway
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Cable TV Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water, Heat Pump(s)
  • Heating Fuel: Natural Gas, Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 56-62 Steinmetz Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 56-62 Steinmetz Road

This home is within Pottsgrove School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Lower Pottsgrove El School
Public3 to 5

Pottsgrove Middle School
Public6 to 8

Pottsgrove Senior High School
Public9 to 12

Ringing Rocks El School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Achievers-Collegeville

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.