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sales rep | Brivity IDX

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300 Penn St , Pennsburg, PA 18073
$3,750,000
Est. Payment: $20,258.15/mo
Status: active | Days on site: 1
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CBPREOC - 3278432
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House Description

Introducing Silk Factory Lofts, a boutique 14-unit adaptive reuse apartment community located at 300 Penn Street in Pennsburg, Pennsylvania. Originally constructed in 1925 as a working silk factory, the steel and brick structure maintains its historical significance to this day. Converted in 2023 the new, one-of-a-kind loft residences meld authentic industrial-era architecture with modern, high-end living. The result is a residential experience unavailable anywhere else in the Upper Perkiomen Valley. The 14 units consist of a balanced mix of one- and two-bedroom loft-style residences. The Property includes (1) one bedroom, one and a half bath unit with a loft and private deck, renting for $2,100 per month, (2) one bedroom, one and a half bath units averaging $1,998 per month, and (2) one bedroom, one bath units averaging $1,625 per month, (7) two bedroom, two bath units with lofts averaging $2,286 per month and (2) two bedroom, two bath units averaging $1,875 per month. This pricing power is created by the distinctive character, raised ceilings, and light-filled open layouts. Given the uniqueness of this asset and its historically strong occupancy, investors can increase rents steadily over time. Completed in 2023, the full gut renovation preserves the building's historical steel and brick skeleton while delivering premium systems, finishes, and functionality of new construction. Kitchens are complete with granite countertops, stainless steel appliances, dishwashers, and garbage disposals. Every unit also features its own washer and dryer. On-site parking and smartphone intercom access complement the well-thought-out renovations. Lofts provide flexible living and storage spaces, an increasingly valuable amenity for renters in today's market. The combination of historic character and turnkey condition allows buyers to acquire a steady, income-producing asset with minimal deferred maintenance and proven top-of-the-market rents.

Highlights

Listed by Kate Muckenhirn , 4847999197 Coldwell Banker Realty , 2159237600. Bright MLS

Property Type

Commercial Sale

Year Built

1930

County

Montgomery

Area

Pennsburg Boro (10615)

School District

Upper Perkiomen

Listing ID

PAMC2199748

Questions about this listing?

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Interior Features

Air Cond:Ductless/Mini-Split
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:30
Zoning:R2
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$20,258
Taxes
$2,580

Home Price

$3,750,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$750,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,258.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,258.15 $2,580.33 $0.00 $22,838.48
Yearly $243,097.79 $30,964.00 $0.00 $274,061.79
Total $7,292,933.67 $928,920.00 $0.00 $8,221,853.67
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Pennsburg, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS