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Twin Duplex with Garage Apartment
For Sale
$455,000

107 E MAIN Street, Pottstown, PA 19465

MULTI_FAMILY - Other - POTTSTOWN, PA

Property Size2,238 SF
Lot Size0.13 Acres
Price / SF$203.31
Days on Market48

Property Features for 107 E MAIN Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 6
Parking features Garage - Attached, Off Street, Driveway
Appliances Washer, Dryer, Refrigerator, WaterHeater, Oven/Range - Electric
Elementary school NORTH COVENTRY
Elementary school district OWEN J ROBERTS
Middle school district OWEN J ROBERTS
High school district OWEN J ROBERTS
Standard status Active
Size 2,238 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 3873

Utilities

Heating system Hot Water(Heating)

Building Details

Year built 1931
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: SERHANT PENNSYLVANIA LLC
Listed By: Tania Schade · License #RS304280
Added: Jun 30 Changed: Aug 10 Last Checked: Aug 16 at 8:06AM
MLS# PACT2129254

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.

This corner-lot multi-family property includes two separately metered residences. The front home is a three-bedroom, one-bath twin with hardwood floors, a front porch, a full basement, a fenced backyard, and a storage shed. Behind the main residence is a detached, heated three-car garage topped by a spacious two-bedroom, one-bath apartment. Because the apartment is the only residential unit in the detached building, it has added privacy with no neighbors above or below. Separate utilities allow each residence to operate independently, supporting multiple living arrangements or rental flexibility.

The property is within North Coventry Township and the Owen J. Roberts School District. Outdoor and recreational amenities are close by, with pickleball and basketball courts, a baseball field, and a public boat ramp providing access to the Schuylkill River. Riverfront Park and the Schuylkill River Trail are described as walkable, and downtown Pottstown is also presented as within a few blocks, with shops, restaurants, outdoor dining, live entertainment, and community events. Commuters are noted as having quick access to Route 422 and nearby public transportation.

The layout can suit owner-occupants seeking income from a second, independently served residence, as well as investors or multi-generational households looking for two complete homes under one ownership. The detached heated garage adds practical storage and parking capacity, and the property includes generous off-street parking plus additional on-site spaces for residents and guests. The property is being sold AS IS, and seller will make no repairs, replacements, or concessions based on inspection findings.

Key Highlights

  • Corner‑lot multi‑family with two separately metered residences for independent operation: a front twin home and a detached apartment above a garage
  • Front residence: 3‑bedroom, 1‑bath twin with hardwood floors, front porch, full basement, fenced backyard, and storage shed
  • Detached building: heated 3‑car garage with a spacious 2‑bedroom, 1‑bath apartment; only residential unit in the detached structure

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
$25,717
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
5.65%
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%
$514,340 $514.3K
Cap Rate 7%
$367,386 $367.4K
Cap Rate 9%
$285,744 $285.7K
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
$43.0K $19.20/SF
− Vacancy
−$6.2K −$2.78/SF
EGI
$36.7K $16.42/SF
− OpEx
−$11.0K −$4.92/SF
NOI
$25.7K $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%
$514,340
Cap Rate 7%
$367,386
Cap Rate 9%
$285,744

Alternative Uses

Best Use
Multifamily LT 5
$367.4K
$321.5K – $428.6K (±1% cap)
NOI $25,717 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$346.7K
$303.4K – $404.5K (±1% cap)
NOI $24,268 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$678.5K
$593.7K – $791.6K (±1% cap)
NOI $47,498 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Catering Service Acupuncture Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot duplex with separate residences, a heated 3-car garage, and ample parking for flexible owner or tenant use.
Where is this duplex 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: Corner‑lot multi‑family with two separately metered residences for independent operation: a front twin home and a detached apartment above a garage; Front residence: 3‑bedroom, 1‑bath twin with hardwood floors, front porch, full basement, fenced backyard, and storage shed; Detached building: heated 3‑car garage with a spacious 2‑bedroom, 1‑bath apartment; only residential unit in the detached structure
More about this property
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