Excellent investment opportunity at 238 Brown Street! Currently zoned as a duplex with an additional basement efficiency unit, this expansive property offers tremendous flexibility for an investor looking to add a multi-unit property to their portfolio. The property is currently configured with a 4-bedroom unit and a 2-bedroom unit, with the layout offering the potential to be reconfigured. The finished lower level provides even more versatility with its own private entrance, full bathroom, kitchenette area, fireplace, and finished living space, making it an attractive additional component of the property.Many of the major mechanical systems have already been updated, helping take some of the larger improvement expenses off the table for the next owner. Upgrades include 14 mini-split units providing heating and cooling throughout the property, a propane heating system, an on-demand hot water heater, and three keyless entry systems. Additional features include multiple private entrances, a finished attic providing additional usable space, a detached multi-car garage, and four additional off-street parking spaces all valuable features for a multi-unit investment property. With multiple living areas, separate entrances, substantial square footage, updated mechanicals, and flexible unit configurations, 238 Brown Street presents an excellent opportunity for a rental investor, owner-occupant looking to offset expenses with rental income, or buyer seeking a multi-generational property.Bring your vision and explore the income-producing potential this unique property has to offer!
Excellent investment opportunity. This single property is configured as two separate units, offering flexibility for investors and owner-occupants alike. Both units are currently tenant-occupied on month-to-month leases at $1,100 per unit, with tenants responsible for all utilities. Continue with the existing tenants or consider living in one unit while generating rental income from the other. The property has benefited from several important improvements, including a newer roof and newer heating systems in both units. Interior features include hardwood flooring on the main levels along with updated kitchen cabinetry and countertops in both units. 129 Hall offers two full bathrooms, while 131 Hall features one full bathroom plus a convenient first-floor laundry room. Each unit's second floor includes two bedrooms and a full bath, while the third floor adds an extra bedroom plus an office or sitting room for flexible living space. Both units have separate outdoor access to a patio and a large, flat backyard. With existing rental income, tenant-paid utilities, month-to-month flexibility, and several major updates already completed, this property offers a solid opportunity for an investor or an owner-occupant looking to offset housing expenses with rental income. With a little updating, this could be a great buy!
Welcome to 238 Brown Street, a truly one-of-a-kind 1812 historic home offering remarkable flexibility, timeless character, and a story all its own. Long rumored to have once served as the Springville Inn and Stagecoach Stop, this expansive property preserves the craftsmanship and charm of a bygone era while incorporating the modern updates, like total temperature control today’s homeowners appreciate. The current owner has thoughtfully upgraded the home to make maintaining and stewarding this incredible property easier. Highlights include 14 mini-split units and a propane heating system which keep the whole home temperature controlled throughout the year, an on-demand hot water heater, 3 keyless entries, and a complete reimagining of the lower level into a versatile living space. With multiple living areas, three separate entrances, 5-6 bedrooms, 5 bathrooms, a finished attic, a reimagined lower level with 3 handmade wood doors created from trees on the property, uncharacteristically high ceilings for an 1812 home, and a detached multi-car garage with 4 additional off-street parking spaces, the home offers outstanding flexibility. The layout can function as one large single-family residence or provide private spaces ideal for multigenerational living, guest quarters, work-from-home space, studio use, or other creative arrangements. The lower level has been completely revamped into one of the property’s most useful and versatile spaces. With interior access or a private entrance, it boasts a full bath, kitchenette area, second stone fireplace, and abundant finished living space. It offers exceptional potential as a private retreat, guest space, teen suite, hobby area, studio, or separate living quarters. For investors or those seeking multi-generational or multi-family living, this property's flexible layout offers exceptional potential. Multiple areas can be separated and incorporated into either side of the home, allowing for a variety of living arrangements. Currently configured with 4 bedrooms in one unit and 2 bedrooms in the other, the layout also offers the potential to be reconfigured into two 3-bedroom units. Whether you're searching for a distinctive place to call home or a versatile property with income-producing or multi-family possibilities, this one-of-a-kind offering is ready for its next steward.
Spring City is located in Pennsylvania. Spring City, Pennsylvania has a population of 3,465. Spring City is less family-centric than the surrounding county with 25.14% of the households containing married families with children. The county average for households married with children is 36.91%.
The median household income in Spring City, Pennsylvania is $65,888. The median household income for the surrounding county is $109,969 compared to the national median of $69,021. The median age of people living in Spring City is 36.9 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 45.6 inches per year, with 21.9 inches of snow per year.
