Brick Triplex with Vacant
For Sale
$375,000
301 E VINE Street, Pottstown, PA 19464
Multi-Family, POTTSTOWN, PA
Property Size2,587 SF
Lot Size0.10 Acres
Price / SF$144.96
Days on Market139
Property Features for 301 E VINE Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
Off Street
Elementary school district
POTTSGROVE
Middle school district
POTTSGROVE
High school district
POTTSGROVE
Standard status
Active
Size
2,587 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5542
Utilities
Heating system
Central
Building Details
Year built
1880
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Main Line-Kimberton · RE/MAX International
(610) 935-3200
Listed By:
James J Boyd · License #AB065560
(610) 842-9907
Added: Apr 29
Changed: Sep 1
Last Checked: Sep 14 at 6:06PM
MLS# PAMC2177000
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick triplex contains three two-bedroom, one-bathroom apartments within a 2,587-square-foot residential income property built in 1880. Central heating serves the building, and the property’s 0.1045-acre lot is located on E Vine Street in Pottstown. Two apartments are occupied, while the third is vacant and undergoing new carpet installation and fresh painting. A no-pets, no-smoking policy applies across the property.
The property is within the Pottsgrove School District and offers access to major highways, shopping centers, dining options, and downtown Pottstown’s High Street area. The three-unit configuration provides a mix of existing occupancy and one available apartment without introducing a different residential layout or use.
The property is within the Pottsgrove School District and offers access to major highways, shopping centers, dining options, and downtown Pottstown’s High Street area. The three-unit configuration provides a mix of existing occupancy and one available apartment without introducing a different residential layout or use.
Key Highlights
- Three two‑bedroom, one‑bathroom units in a triplex configuration
- One apartment is vacant and receiving new carpeting and fresh paint
- 2,587 square feet on a 0.1045‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,728
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$594,560
$594.6K
Cap Rate 7%
$424,686
$424.7K
Cap Rate 9%
$330,311
$330.3K
Market Conditions
NOI Build-Up for 2,587 SF
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.
Gross rent
$49.7K $19.20/SF
− Vacancy
−$7.2K −$2.78/SF
EGI
$42.5K $16.42/SF
− OpEx
−$12.7K −$4.92/SF
NOI
$29.7K $11.49/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$594,560
Cap Rate 7%
$424,686
Cap Rate 9%
$330,311
Alternative Uses
Best Use
Multifamily LT 5
$424.7K
$371.6K – $495.5K
NOI $29,728 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$400.7K
$350.7K – $467.5K
NOI $28,052 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$784.4K
$686.3K – $915.1K
NOI $54,905 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Explore this area
Business Placement
Demographics for 19464, PA
48,409
Population
19,985
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,891
Density / Sq Mi
$76,338
Median Household Income
$44,888
Median Earnings
$1,226
Median Rent
$231,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include one apartment ready for a new occupant and two currently leased homes.
Where is this triplex located?
The property is located at 301 E VINE Street Pottstown, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three two‑bedroom, one‑bathroom units in a triplex configuration; One apartment is vacant and receiving new carpeting and fresh paint; 2,587 square feet on a 0.1045‑acre lot
