Colonial Six-Unit Apartment
New
For Sale
$725,000
870 E HIGH Street, Pottstown, PA 19464
MULTI_FAMILY - Colonial - POTTSTOWN, PA
Property Size3,094 SF
Lot Size0.29 Acres
Price / SF$234.32
Days on Market1
Property Features for 870 E HIGH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
8
Parking features
On Street, Parking Lot, Off Street
Interior features
Floor Plan - Traditional
Appliances
Stove, WaterHeater
Elementary school district
POTTSTOWN
Middle school district
POTTSTOWN
High school district
POTTSTOWN
Standard status
Active
Size
3,094 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
6985
Utilities
Heating system
Electric (Heating), Baseboard
Building Details
Year built
1910
Number of units
4
Building materials
Asbestos, Combination, Frame, Mixed, Stone, Stucco, Block, Brick, Masonry, Vinyl Siding
Architectural style
Colonial
Listing Agency:
Kelly Real Estate, Inc.
(610) 369-3600
Listed By:
Kathy A Landis · License #RS287200
(610) 226-7087
Added: Aug 6
Last Checked: Aug 6 at 6:06AM
MLS# PAMC2188148
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.
Built in 1910, this Colonial apartment property contains 3,094 square feet and six residential units. The layout includes three one-bedroom apartments, two efficiency units, and one two-bedroom apartment, with a basement, traditional floor plans, stove appliances, and electric baseboard heating. The building sits on a 0.2893-acre parcel and offers off-street parking, a parking lot, on-street parking, and a grassy lawn.
The property is directly across from the entrance to The Hill School in Pottstown. Residents pay their own heat, electric, and internet costs, while the landlord covers water, sewer, and trash. Unit #5 is responsible for lawn care and snow removal on the walkways.
The property is directly across from the entrance to The Hill School in Pottstown. Residents pay their own heat, electric, and internet costs, while the landlord covers water, sewer, and trash. Unit #5 is responsible for lawn care and snow removal on the walkways.
Key Highlights
- Six‑unit apartment building with 3,094 square feet
- Unit mix includes three one‑bedroom units, two efficiencies, and one two‑bedroom unit
- 0.2893‑acre parcel with off‑street parking, a parking lot, and on‑street parking
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 | $66.1k | $21.36 |
| − Vacancy | −$5.1k | −$1.64 |
| EGI | $61.0k | $19.72 |
| − OpEx | −$27.4k | −$8.87 |
| NOI | $33.5k | $10.84 |
3,094 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$479.3K
$419.4K – $559.2K
NOI $33,549 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$938.1K
$820.8K – $1.09M
NOI $65,665 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
831
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The property includes traditional floor plans, electric baseboard heat, and off-street parking.
Where is this apartment building located?
The property is located at 870 E HIGH Street Pottstown, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Six‑unit apartment building with 3,094 square feet; Unit mix includes three one‑bedroom units, two efficiencies, and one two‑bedroom unit; 0.2893‑acre parcel with off‑street parking, a parking lot, and on‑street parking
