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John Coleman

john@colemanresidential.com +1(202) 427-9689

Listed by Jim Marks • Springer Realty Group

$315,000

Est. payment - /mo

3 Beds

1 Bath

1,200 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $262

Subdivision None Available

MLS Listing ID PAMC2175216

Style Ranch/Rambler

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,200

Year Built 1954

Annual Tax Amount $5,149

Tax Year 2025

Lot Size 10,200 Sqft

Acres 0.23

Lot Dimensions 159.00 x 0.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Opportunity for owner-occupant or investor to restore and personalize this property in a desirable Collegeville location. The home offers a functional layout with solid bones and strong upside potential, but requires updating and repairs throughout. Interior reflects deferred maintenance with dated kitchen and bath areas, worn finishes, and needed cosmetic and mechanical improvements. Exterior is serviceable with room for improvement through cleanup and routine maintenance. Sold as-is, this property is well-suited for buyers looking to build equity or investors seeking a value-add project. Ideally positioned just minutes from Collegeville's vibrant Main Street, with convenient access to shopping, dining, and local amenities, enhancing both lifestyle appeal and long-term value. This is a Department of Housing and Urban Development (HUD) property (Case# 441-476024). This property is being sold as-is, with no guarantees or warranties provided. Utilities may be turned off, so please exercise caution when viewing the property. Daylight showings are recommended. All property details, including disclosures, the Property Condition Report (PCR), sale contract, and sale process, are available on HUDHomestore.

Buyers are responsible for any costs associated with activating utilities for inspections, if permitted. If the plumbing system fails the pressure test, water cannot be activated for inspections. Additionally, any required Use & Occupancy (U&O) inspections are the buyer's responsibility and expense.

For financing and closing, FHA and conventional loans must close within 45 days, FHA 203(k) financing within 60 days, and cash offers within 30 days. The buyer is responsible for all closing costs, including transfer tax. The property is considered to be FHA Insurable with Escrow (IE). The final escrow amount is subject to lender determination.

This is an Equal Housing Opportunity property.

Location

State PA

County Montgomery

Area Collegeville Boro (10604)

Zoning RESIDENTIAL

Rooms

Basement Windows, Walkout Stairs, Unfinished, Interior Access

Main Level Bedrooms 3

Interior

Interior Features Bathroom - Tub Shower, Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Flooring Carpet, Vinyl

Fireplace N

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es), Enclosed

Garage Spaces 2.0

Water Access N

View Street

Roof Type Shingle

Accessibility None

Porch Porch(es), Enclosed

Total Parking Spaces 2

Garage N

Building

Lot Description Front Yard, SideYard(s)

Story 1

Foundation Block

Above Ground Finished SqFt 1200

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Level or Stories 1

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

Elementary Schools South

Middle Schools Perkiomen Valley Middle School East

High Schools Perkiomen Valley

School District Perkiomen Valley

Others

Senior Community No

Tax ID 04-00-00076-001

Ownership Fee Simple

SqFt Source 1200

Special Listing Condition Bank Owned/REO

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John Coleman

REALTOR® | OWNER | License ID: SP98375761

+1(202) 427-9689 | john@colemanresidential.com

318 CHESTNUT ST Collegeville, PA 19426

John Coleman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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318 CHESTNUT ST

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