Description
Located just minutes from Phoenixville Hospital and downtown Phoenixville, this licensed 9-room boarding house investment property offers a unique opportunity for investors seeking strong rental potential in a high-demand location. Configured for shared living with common spaces and ample parking, the property supports consistent tenant demand from healthcare workers, local employees, and residents seeking affordable housing near the Phoenixville area.This property is ideal for investors looking for multi-tenant rental income, workforce housing, or furnished room rentals near Phoenixville Hospital. Rooms currently rent between $800 and $1,250 per month, depending on size and configuration, creating the potential for strong gross income once fully leased. The property is currently approximately 50% occupied with month-to-month leases, in order to give a new owner flexibility. The building is designed to support shared living while maintaining privacy for tenants. The lower level features a studio-style apartment with a private entrance, kitchenette, and full bath, ideal for an owner’s suite, onsite manager, or premium rental unit. The main level includes two bedrooms, a shared full bathroom, and a shared kitchen and living area that functions as the central gathering space for residents. The second floor offers four bedrooms served by two full bathrooms, while the third floor includes a kitchenette, two bedrooms, and a full bath, creating additional flexibility for tenant arrangements. The basement houses the mechanical systems, allowing the upper levels to remain fully dedicated to residential use.A major advantage of the property is the extensive off-street parking for approximately 10 vehicles plus a two-car garage, an uncommon feature for multi-tenant housing in this area. This supports higher occupancy and makes the property attractive to residents who commute or work locally.With licensing already in place, flexible tenant arrangements, and a location near one of the region’s largest employers, this property presents a rare opportunity for investors seeking a room-rental property near Phoenixville Hospital with the ability to increase income and customize future use.
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0BEDS
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0.41ACRES
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0BATHS
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01/2 BATHS
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3,988SQFT
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$248$/SQFT
School Information
Description
Located just minutes from Phoenixville Hospital and downtown Phoenixville, this licensed 9-room boarding house investment property offers a unique opportunity for investors seeking strong rental potential in a high-demand location. Configured for shared living with common spaces and ample parking, the property supports consistent tenant demand from healthcare workers, local employees, and residents seeking affordable housing near the Phoenixville area.This property is ideal for investors looking for multi-tenant rental income, workforce housing, or furnished room rentals near Phoenixville Hospital. Rooms currently rent between $800 and $1,250 per month, depending on size and configuration, creating the potential for strong gross income once fully leased. The property is currently approximately 50% occupied with month-to-month leases, in order to give a new owner flexibility. The building is designed to support shared living while maintaining privacy for tenants. The lower level features a studio-style apartment with a private entrance, kitchenette, and full bath, ideal for an owner’s suite, onsite manager, or premium rental unit. The main level includes two bedrooms, a shared full bathroom, and a shared kitchen and living area that functions as the central gathering space for residents. The second floor offers four bedrooms served by two full bathrooms, while the third floor includes a kitchenette, two bedrooms, and a full bath, creating additional flexibility for tenant arrangements. The basement houses the mechanical systems, allowing the upper levels to remain fully dedicated to residential use.A major advantage of the property is the extensive off-street parking for approximately 10 vehicles plus a two-car garage, an uncommon feature for multi-tenant housing in this area. This supports higher occupancy and makes the property attractive to residents who commute or work locally.With licensing already in place, flexible tenant arrangements, and a location near one of the region’s largest employers, this property presents a rare opportunity for investors seeking a room-rental property near Phoenixville Hospital with the ability to increase income and customize future use.
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