198 Franklin Ave
Exceptional investment opportunity at 198 Franklin Avenue in Phoenixville! This five-unit apartment building grosses $90,900 per year and is offered at an attractive 7.63% cap rate. With a low acquisition cost per unit, this property offers strong income with additional room for growth. Four units have been renovated, leaving a clear opportunity to add value by updating the final unit. That remaining renovation offers the potential to increase rental income, improve net operating income, and build long-term property value. With its distinctive architecture, compelling price per unit, and achievable renovation upside, this property is an excellent opportunity for investors seeking both income and future appreciation in Phoenixville. Full expense list in flyer. Call Erich Beyer today to schedule a showing. Agent has financial interest in property.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Phoenixville Area Middle School
Schuylkill Elementary School
Renaissance Academy Charter School
Phoenixville Area High School
Barkley Elementary School
Oaks Elementary School
Phoenixville Area Kindergarten Center
East Pikeland Elementary School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Listed for sale | $900,000 |
Listed by Erich Beyer · EXP Realty, LLC · 8883977352
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.
Last Updated: October 15, 2026 at 12:44 AM | Source: Bright | MLS#: PACT2137910
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