115 Egypt Road

Description

Turnkey Investment Opportunity with Strong Income & Upside in Spring-Ford School District! Offered at $500,000, this well-maintained 2-unit property presents an excellent opportunity for investors seeking immediate income with future growth potential or for an owner-occupant looking to offset their mortgage.The First Floor 2-Bedroom, 1-Bath unit is currently rented at $1,450/month (below market), with estimated potential of $1,800+/-. The unit features a private entrance, updated laminate flooring, fresh paint, a stylish bathroom with marble flooring, a nicely sized kitchen, and a spacious Family Room. Long-term tenants (4 years) would love to stay providing stability from day one.The Upper unit spans two levels and offers 3 Bedrooms and 1 Full Bath, with strong rental potential of $2,200+/-. The main level includes a Bedroom, Full Bath, Formal Dining Room, Eat-in Kitchen, and an impressive Family Room addition with cathedral ceilings, propane fireplace, skylights, and a bay window. From the Family Room, a door leads to a New Deck with steps to ground level. An additional balcony is also presented. The Third Floor adds two more Bedrooms and a versatile loft/sitting area ideal for maximizing rental appeal.Additional highlights include off-street parking for 4-5 cars, a carport, shed, and an extended lot with room for gardening or added outdoor enjoyment. Major Updates include a brand-new heater (February 2026), upgraded 100-amp electrical panels for each unit, and replacement windows throughout ownership.Investor SnapshotCurrent Rent: $1,450/monthMarket Rent Potential: $4,000/month ($48,000/year)Taxes: $4,973/yearUtilities (Owner Paid): Oil - $1,900, Water - $550, Sewer - $346, Electric (2nd unit only) - $1,200, Trash - $388, Tenant pays electric on 1st UnitInsurance: $2,200/yearThe Walk-out Basement offers shared Laundry along with ample storage space.Ideally located just a short stroll to the Schuylkill River Trail and Canal, plus the shops, restaurants, and popular First Friday events in downtown Phoenixville. Just minutes to Route 422 with easy access to King of Prussia and Philadelphia.A true income-producing property with upside potential. This property delivers a projected 7.3% cap rate with market rents and immediate upside potential, plus positive cash flow for financed buyers putting 25% down; making it a strong addition to any investment portfolio. Schedule your showing today and secure your next investment!