414 Church St, King Of Prussia, PA 19406

$609,900
2,128
SqFt

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List Price
$609,900
Price Change
▼ $20,100 1780698928
MLS#
PAMC2174454
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Total Units
2
City
King Of Prussia
Area
Upper Merion Twp (10658)
County
Montgomery
Living Area
2,128
Lot Size
6,534
Year Built
1946

Property Description

Rare opportunity to own a turn-key and fully occupied, cash-flowing duplex in a prime Upper Merion location with strong rental history and immediate income from day one. Currently generating $49,884 in annual rental income, this is an ideal property for an investor seeking stable, in-place returns with minimal upkeep. The first-floor unit offers 3 bedrooms, while the second-floor unit features 2 bedrooms. Each unit includes its own dedicated basement storage area, plus access to shared laundry facilities. Both units feature updated kitchens and bathrooms, newer upgraded countertops, and durable vinyl plank flooring throughout, creating a modern feel while keeping maintenance costs low. Combined with the separately metered utilities and recent major improvements, this property is especially well suited for an investor looking for a low-maintenance investment. Utilities are separately metered, with tenants paying their own gas and electric, while the landlord covers water and sewer. Major improvements include a roof replacement in 2019 and a new water heater installed in 2019, helping minimize near-term capital expenses. Located in the highly desirable Upper Merion School District, this property benefits from strong and consistent rental demand. Its prime location and sought-after school district make it especially attractive to tenants and support long-term investment value. Based on the seller’s reported 2025 operating expenses and gross income, the property offers an estimated 6.7% cap rate at the proposed list price, offering a compelling in-place returns with both units currently leased. A fully occupied, income-producing property with separate utilities, updated interiors, low-maintenance features, and strong investment fundamentals. Don't miss out on this rare opportunity! Make your appointment today!

Additional Information

Acres
0.15
Cooling
Window Unit(s)
Living Area
2,128
Lot Size
6,534
Region
Upper Merion Twp (10658)
School District
Upper Merion Area
Sewer
Public Sewer
Style
Cape Cod
Total Units
2
Zoning
R2

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Calculator source: Real Geeks

Listing courtesy of EveryHome Realtors. Contact: (215) 699-5555

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