Licensed Boarding House with
75 Nutt Road Phoenixville, PA 19460
For Sale
$989,000
Nine-room boarding house offers shared living layouts, a private lower-level unit, and extensive off-street parking.
Property Size3,988 SF
Price / SF$247.99
Days on Market131
Property Features for 75 Nutt Road
General Information
- Standard status
- Active
- Size
- 3,988 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1905
Listing Agency:
KW Greater West Chester
(484) 699-9327
Listed By:
Gary A Mercer Sr. · License #RS164185L
(484) 699-9327
Source:
Compass
Added: Mar 16
Changed: Jul 23
Last Checked: Jul 23 at 12:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Greater West Chester
Investment Insights
Based on property information with market context.
This licensed nine-room boarding house is configured for shared living with common spaces and tenant privacy. The lower level includes a studio-style apartment with a private entrance, kitchenette, and full bath. The main level features two bedrooms with a shared full bathroom and a shared kitchen and living area. The second floor has four bedrooms served by two full bathrooms, and the third floor includes a kitchenette, two bedrooms, and a full bath. The basement contains the mechanical systems while the upper levels are dedicated to residential use.
The property is located minutes from Phoenixville Hospital and downtown Phoenixville in Chester County. It is offered with month-to-month leases and is approximately 50% occupied, providing flexibility for a new owner. Off-street parking is available for approximately 10 vehicles plus a two-car garage.
Rooms are currently described as renting between $800 and $1,250 per month depending on size and configuration, supporting a multi-tenant rental income structure once fully leased.
The property is located minutes from Phoenixville Hospital and downtown Phoenixville in Chester County. It is offered with month-to-month leases and is approximately 50% occupied, providing flexibility for a new owner. Off-street parking is available for approximately 10 vehicles plus a two-car garage.
Rooms are currently described as renting between $800 and $1,250 per month depending on size and configuration, supporting a multi-tenant rental income structure once fully leased.
Key Highlights
- Licensed 9‑room boarding house with shared‑living setup and multiple bedroom configurations across three floors
- Lower level includes a studio‑style apartment with a private entrance, kitchenette, and full bath
- Second floor offers four bedrooms with two full bathrooms; third floor includes a kitchenette, two bedrooms, and a full bath
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.2k | $21.36 |
| − Vacancy | −$6.6k | −$1.64 |
| EGI | $78.6k | $19.72 |
| − OpEx | −$35.4k | −$8.87 |
| NOI | $43.2k | $10.84 |
3,988 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$617.8K
$540.5K – $720.7K
NOI $43,243 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,639 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Nine-room boarding house offers shared living layouts, a private lower-level unit, and extensive off-street parking.
Where is this apartment building located?
The property is located at 75 Nutt Road Phoenixville, PA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Licensed 9‑room boarding house with shared‑living setup and multiple bedroom configurations across three floors; Lower level includes a studio‑style apartment with a private entrance, kitchenette, and full bath; Second floor offers four bedrooms with two full bathrooms; third floor includes a kitchenette, two bedrooms, and a full bath
