716 - 718 W MARKET Street, Pottsville, PA 17901
MULTI_FAMILY - Other - POTTSVILLE, PA
- Added:
- Sep 17, 2024
- Days on Market:
- 631
- Last Refresh:
- Jun 9 at 2:06 am
Property Features for 716 - 718 W MARKET Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, On Street
- Standard status
- Active
- Size
- 4,452 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1624
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent William Primeau License #RS337743 (570) 728-0186
Listing office Ramus Realty Group 35 Sillyman Street, Pottsville, PA (570) 622-6006
Listing date Sep 17, 2024
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.
HighLights
- 5‑unit apartment building with brick construction and baseboard electric heating
- Includes private parking lot plus 3 parcels total: 2 buildings and a separate parking lot
- Parking available with off‑street and on‑street parking features
- Year built: 1900 (sold as‑is)
Overview
The buildings are located at 716–718 W Market Street in Pottsville, Pennsylvania, within Schuylkill County. The inclusion of a private parking lot is an important practical feature for residents and helps support day-to-day parking needs on-site. The seller indicates the property is part of a multi-parcel package, so the buildings and parking are conveyed together.
For prospective buyers and investors, this configuration can be a workable fit for teams looking for a small, multi-unit rental property packaged with on-site parking. Because the property is sold as-is and the listing notes cash sales only, buyers should plan for their own due diligence and underwriting based on inspection results and their assessment of current and potential unit condition. Interested parties are encouraged to request additional details on the parcel package and terms before proceeding.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $10.56 |
| − Vacancy | −$2.7k | −$0.61 |
| EGI | $44.3k | $9.95 |
| − OpEx | −$19.9k | −$4.48 |
| NOI | $24.4k | $5.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pottsville
- County
- Schuylkill
- State
- Pennsylvania
- Longitude
- -76.20111
- Latitude
- 40.68346
