Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
9,056
19 N Washington Street is a unique mixed-use investment property offering multiple established revenue streams under one roof, along with meaningful opportunity for future growth. Extensively rebuilt inside in 2020, the property features 8 residential efficiency units, restaurant space, an operating laundromat, garage and additional storage areas, creating a diversified income-producing asset with multiple avenues for revenue. The residential component provides an established rental base, while the commercial spaces add valuable diversification. The on-site laundromat was upgraded with all new Speed Queen commercial machines just a few years ago, offering an additional income stream with equipment already in place. Garage and storage areas provide further opportunities for rental income or operational use. Beyond its current cash-flow-positive operations, 19 N Washington offers compelling value-add potential. Additional space may provide the opportunity to create up to 2 more residential units, while the laundromat, garage and storage components offer potential to further increase revenue through improved utilization and management. Any additional units, uses or improvements are subject to buyer verification and applicable Borough requirements. With a significant interior rebuild completed in 2020, multiple existing income streams and additional upside still available, this is an opportunity to acquire a property that offers both current performance and future potential. Conveniently located in Pottstown with access to major routes, shopping, dining and the surrounding Montgomery County market. Whether adding to an existing portfolio or seeking a mixed-use asset with multiple paths to increased income and long-term appreciation, 19 N Washington Street deserves a closer look.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.12
-
Lot Size(square feet)
5,275
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$950,000
-
Tax Amount
$8,962
-
Sq. Footage
9,056
-
Price/SqFt
$104
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
051
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Jessica Lauren Gross, Keller Williams Real Estate -Exton
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Salesperson, Realtor
Olivia Dibert
Call Olivia today to schedule a private showing.
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