Renovated Duplex With Four-Car
For Sale
$379,900
1001 W High St, Pottstown, PA 19464
Two residential units include separate heating and hot-water systems, plus basement laundry and storage.
Property Size1,874 SF
Price / SF$202.72
Days on Market156
Property Features for 1001 W High St
General Information
Standard status
Active
Size
1,874 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,589
Amenities
laundry access
attic storage
Listing Agency:
Compass Pennsylvania, LLC
(484) 949-1719
Listed By:
Kelli M Musser
(484) 949-1719
Source:
Exprealty
Added: Mar 14
Changed: Aug 15
Last Checked: Aug 15 at 5:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Pennsylvania, LLC
Investment Insights
Based on property information with market context.
Located at 1001 W High St in Pottstown, this duplex contains 1,874 square feet across two residential units. Each unit offers a living room, kitchen, two bedrooms, and a full bathroom. Separate gas heaters and hot-water heaters serve the units independently. A basement provides laundry access and storage, while the upper unit includes additional storage in the third-floor attic.
The detached garage has four bays, configured as two single bays and one two-car bay. Property improvements include a roof installed in 2023 and new second-floor windows added in 2024. The property is being offered vacant and is situated within the Pottsgrove School District.
The detached garage has four bays, configured as two single bays and one two-car bay. Property improvements include a roof installed in 2023 and new second-floor windows added in 2024. The property is being offered vacant and is situated within the Pottsgrove School District.
Key Highlights
- Two‑unit duplex with 1,874 square feet
- Each unit includes 2 bedrooms and 1 full bathroom
- Detached four‑bay garage: 2 single bays and 1‑2 car bay
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
$21,535
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
5.67%
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%
$430,700
$430.7K
Cap Rate 7%
$307,643
$307.6K
Cap Rate 9%
$239,278
$239.3K
Market Conditions
NOI Build-Up for 1,874 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
$36.0K $19.20/SF
− Vacancy
−$5.2K −$2.78/SF
EGI
$30.8K $16.42/SF
− OpEx
−$9.2K −$4.92/SF
NOI
$21.5K $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%
$430,700
Cap Rate 7%
$307,643
Cap Rate 9%
$239,278
Alternative Uses
Best Use
Multifamily LT 5
$307.6K
$269.2K – $358.9K
NOI $21,535 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$290.3K
$254.0K – $338.7K
NOI $20,321 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$568.2K
$497.2K – $662.9K
NOI $39,772 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
737
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?
Duplex - Two residential units include separate heating and hot-water systems, plus basement laundry and storage.
Where is this duplex located?
The property is located at 1001 W High St Pottstown, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,874 square feet; Each unit includes 2 bedrooms and 1 full bathroom; Detached four‑bay garage: 2 single bays and 1‑2 car bay
