Traditional Residential Income
For Sale
$455,000
107 E MAIN STREET, Pottstown, PA 19465
Residential income property with an attached garage, driveway, and existing household appliances.
Property Size2,238 SF
Price / SF$203.31
Days on Market46
Property Features for 107 E MAIN STREET
General Information
Standard status
Active
Size
2,238 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
RESIDENTIAL
Taxes and HOA fees
Annual Taxes
$3,873
Amenities
Oil, Hot Water
Electric Range, Electric Oven, Electric Water Heater, Washer, Dryer, Refrigerator, Water Heater
Off Street, Garage, Driveway, Inside Entrance, Attached
Traditional
Building Details
Building Size
2,238 SF
Year Built
1931
Listing Agency:
Serhant
(215) 260-1500
Listed By:
Tania Schade · License #RS304280
(215) 260-1500
Source:
Evrealestate
Added: Jul 2
Changed: Aug 14
Last Checked: Aug 16 at 4:44AM
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
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 = 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
$24,268
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
5.33%
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%
$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
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
$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 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%
$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 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$678.5K
$593.7K – $791.6K
NOI $47,498 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Questions? Ask Rey
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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 STREET Pottstown, PA.
What is the asking price?
The asking price for this property is $455,000.
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
