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962 Grosstown Rd, Pottstown, PA 19464

$395,000
: 2,475
SqFt

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Sold Price: $395,000
List Price: $371,000
Closing Date: Feb 12, 2026
Days on Market: 8
Status: CLOSED
MLS#: PAMC2164342
Living Area: 2,475
Lot Size (Acres): 0.87
Style: Cape Cod
Year Built: 1941
County: Montgomery
School District: Pottsgrove

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Property Description

This three-unit investment property offers immediate cash flow with long-term, tenant-occupied units and a proven rental history. The property consists of three 3 bedroom 1 bath apartments. All tenants are established, reliable, and would like to remain, allowing a new owner to step directly into a stabilized, income-producing asset with no vacancy downtime. The property features a garage apartment situated above a large three-bay garage, which includes additional workshop space and extra recreational/storage space for the upper unit—an uncommon and highly desirable amenity that adds functionality and tenant appeal. Two paved driveways provide ample off-street parking for tenants. The main house includes basement storage and shared laundry facilities, while tenants have also created designated outdoor living areas in the backyard, enhancing livability and long-term tenant satisfaction. From an investment standpoint, this property stands out for its strong gross income, stable rent roll, and efficient layout. The incoming buyer will acquire a cash-flowing property from day one, making it an excellent addition to an existing rental portfolio or a solid foundation for an investor looking to scale. With solid fundamentals, long-term tenants in place, and minimal operational disruption, this is a turn-key multifamily asset in an established rental market.

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Additional Information

Area: West Pottsgrove Twp (10664)
Interior Features: Some Carpeting, Ceiling Fans, Wood Floors, Upgraded Countertops
School District: Pottsgrove
Elementary School: West Pottsgrove
Middle School: Pottsgrove
High School: Pottsgrove Senior
Flooring: Carpet, Vinyl, Wood
Garage Spaces: 3
Heating: Central
Cooling: Central Air
Roof: Asphalt
Water: Well
Sewer: Public Sewer
Basement: Full