Property
Beds
13
Full Baths
None
1/2 Baths
None
Year Built
1880
Sq.Footage
6,021
OPEN HOUSE SATURDAY, 9/26, 11:00-1:00. Investment opportunity in the heart of downtown Royersford! 159 Main Street is a professionally managed 9-unit multifamily property featuring five 1-bedroom and four 2-bedroom apartments, approximately 800 SF each. The property has undergone substantial repositioning, with updated kitchens and baths, LVP/laminate flooring, stainless appliances, and high-efficiency mini-split HVAC in the majority of units. Seven units are currently occupied with two renovated, market-ready vacancies, providing an immediate opportunity to increase income. Current leases are staggered through 2027 with no month-to-month tenancies. Electric is separately metered and paid by residents, while water/sewer reimbursements are built into nearly every lease. Additional income includes on-site coin laundry, pet rent and other fees. The property also offers a private off-street parking lot—a valuable amenity in this walkable Main Street location. Calendar-year 2025 NOI was approximately $87,585, with meaningful potential for additional rent growth as below-market leases roll. Convenient to downtown restaurants, breweries, Victory Park, the Schuylkill River Trail and Route 422. Property is being offered as-is. Offering Memorandum and additional financial information available to qualified buyers.
Features & Amenities
Interior
-
Total Bedrooms
13
-
Bathrooms
N/A
-
Above Grade Finished Area
6021.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Ductless, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stone, Vinyl Siding
-
Parking
Asphalt, Off Street, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.85
-
Lot Size(square feet)
37,100
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Colonial
Price
-
Sales Price
$1,400,000
-
Tax Amount
$11,977
-
Sq. Footage
6,021
-
Price/SqFt
$232
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
026
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Caleb T Knecht, Keller Williams Elite
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Salesperson, Realtor
Rachel Gardner
Call Rachel today to schedule a private showing.
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