Traditional Residential Income
For Sale
$424,900
107 E Main St, Pottstown, PA 19465
Residential income property with an attached garage, driveway, and existing household appliances.
Property Size2,238 SF
Price / SF$189.86
Days on Market64
Property Features for 107 E Main St
General Information
Standard status
Active
Size
2,238 SF
Property subtype
Multi-Family
Building Details
Year Built
1931
Listing Agency:
SERHANT PENNSYLVANIA LLC
Listed By:
Tania Schade · License #RS304280
(215) 260-1500
Source:
Burkhart
Added: Aug 13
Changed: Oct 9
Last Checked: Oct 7 at 1:28PM
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 SERHANT PENNSYLVANIA LLC
Investment Insights
Based on property information with market context.
This residential income property at 107 E Main Street includes an attached garage, driveway, off-street parking, and an interior entrance. The improvements feature a traditional exterior and include an electric range, electric oven, electric water heater, washer, dryer, refrigerator, and water heater. Heating is provided by an oil hot-water system.
Built in 1931, the property is zoned RESIDENTIAL. Access is described from Route 422 via the Hanover Street exit, followed by Main Street. The property is located in Pottstown, Chester County, Pennsylvania.
Built in 1931, the property is zoned RESIDENTIAL. Access is described from Route 422 via the Hanover Street exit, followed by Main Street. The property is located in Pottstown, Chester County, Pennsylvania.
Key Highlights
- Residential income property at 107 E MAIN STREET, POTTSTOWN, PA 19465
- Attached garage, driveway, off‑street parking, and inside entrance
- Oil, hot‑water heating system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,268
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,360
$485.4K
Cap Rate 7%
$346,686
$346.7K
Cap Rate 9%
$269,644
$269.6K
Market Conditions
NOI Build-Up for 2,238 SF
Gross rent
$47.8K $21.36/SF
− Vacancy
−$3.7K −$1.64/SF
EGI
$44.1K $19.72/SF
− OpEx
−$19.9K −$8.87/SF
NOI
$24.3K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,360
Cap Rate 7%
$346,686
Cap Rate 9%
$269,644
Alternative Uses
Best Use
Apartment 5plus
$346.7K
$303.4K – $404.5K
NOI $24,268 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$678.5K
$593.7K – $791.6K
NOI $47,498 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
917
Businesses Nearby
Explore this area
Business Placement
Demographics for 19465, PA
18,217
Population
7,490
Households
2.4
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
35.5 sq mi
ZIP Area
513
Density / Sq Mi
$106,167
Median Household Income
$56,676
Median Earnings
$1,421
Median Rent
$383,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Residential income property with an attached garage, driveway, and existing household appliances.
Where is this residential income property located?
The property is located at 107 E Main St Pottstown, PA.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Residential income property at 107 E MAIN STREET, POTTSTOWN, PA 19465; Attached garage, driveway, off‑street parking, and inside entrance; Oil, hot‑water heating system
