271 Ridge Road

SPRING CITY, PA 19475

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 182952
    Sqft(Lot)
$1,385,000

Description

We are pleased to present a unique hospitality offering in the charming borough of spring city, pennsylvania. this meticulously maintained 10-unit hotel and 4-bedroom, 2-bathroom farmhouse rests on expansive grounds of 4.2 acres, holding potential for increased unit capacity through multifamily conversion, subject to township approvals.

ideally positioned for both leisure and business travelers, the annvua promises a captivating blend of established income and exciting development potential.

the well-established hotel offers guests a haven of comfort and style, perfectly suited for short-term and extended stays. each of the ten well-equipped units features private entrances, updated baths, in-room coffee makers, smart tvs, ample storage, and convenient on-site parking.

strategic location: nearby to phoenixville, routes such as routes 422, 23, 724, and 100, and the pa turnpike
4.2-acre property
available 10-unit hotel + farmhouse
modern amenities
expansion potential
zoning: rc - rural conservation
asking price: $1,385,000
cap rate: 8.9%
noi: $123,056
pro forma cap rate: 10.6%

  • Property Type

    Multi-Family

  • County

    CHESTER

  • Style

    Unit/Flat,Bungalow,Contemporary

  • AD ID

    45673468

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Wall Unit
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1900
    • Structure: Detached
    • New Construction: No
    • Total Units: 2
    • Built: 1900
    • Construction Material: Stucco,Masonry
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Unit/Flat,Bungalow,Contemporary
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Other

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 182,952
    • Dimensions: 0.00 x 0.00
    • Lot Size (Acres): 4.20
    • Architectural Style: Unit/Flat,Bungalow,Contemporary
    • Main Square Feet: 182,952

    Property Information

    • SQ ft: 3,008
    • SQ ft (Living Area): 3,008
    • Total Lot SQ ft: 182,952
    • Appx. Lot Dimensions: 0.00 x 0.00
    • Total Acreage: 4.20
    • New Construction: No
    • Type: Unit/Flat,Bungalow,Contemporary

  • Listing Information

    • Possession: 0-30 Days CD,31-60 Days CD
    • Days Of Market: 84

  • Tax Information

    • Annual Tax: $9,259
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD,31-60 Days CD

    Assessment Information

    • Taxes Assessment Amount: $228,730

  • Parking Information

    • Parking Features: Paved Parking
    • Parking Type: Driveway,Parking Lot

    Homeowners Association Information

    • Direction: Use Waze

  • School Information

    • School District: OWEN J ROBERTS

    Utility Information

    • Water Source: Public
    • Sewer: Other
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: Use Waze
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BuyOwner last updated this listing 11/23/2024 @ 08:08

  • MLS: PACT2066876
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 182,952 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SPRING CITY , in zip code 19475, this CHESTER County Other and are nearby neighborhoods.