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Occupied Two-Unit Duplex
For Sale
$209,900

132 Pottsville St, Herndon, PA 17830

Income-producing duplex with off-street parking and an opportunity for interior updates.

Property Size1,079 SF
Price / SF$194.53
Days on Market35

Property Features for 132 Pottsville St

General Information

Standard status Active
Size 1,079 SF
Property subtype Residential Income
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence need updating

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,918
Listing Agency: Coldwell Banker Realty
Listed By: James Bedorf
Source: Exprealty
Added: Jul 29 Changed: Aug 31 Last Checked: Aug 30 at 9:01PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Located at 132 Pottsville Street in Herndon, Pennsylvania, this duplex contains two residential units with a combined property size of 1,079 square feet. Each unit is configured with two bedrooms and one full bathroom, creating a consistent layout across the building.

Both units are currently occupied, providing established tenancy at the time of sale. The property requires updating, offering a defined renovation component for a new owner. Off-street parking is also included, and the property is situated close to local amenities.

Key Highlights

  • Two‑unit duplex with 1,079 square feet of property size
  • Each unit includes 2 bedrooms and 1 full bathroom
  • Both units are currently occupied

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
$8,079
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
3.85%
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%
$161,580 $161.6K
Cap Rate 7%
$115,414 $115.4K
Cap Rate 9%
$89,767 $89.8K
Market Conditions
NOI Build-Up for 1,079 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
$12.3K $11.40/SF
− Vacancy
−$759 −$0.70/SF
EGI
$11.5K $10.70/SF
− OpEx
−$3.5K −$3.21/SF
NOI
$8.1K $7.49/SF
Area
Northumberland County, PA
Vacancy
6.17%
Lease Rate
$11.40 /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%
$161,580
Cap Rate 7%
$115,414
Cap Rate 9%
$89,767

Alternative Uses

Best Use
Multifamily LT 5
$115.4K
$101.0K – $134.7K (±1% cap)
NOI $8,079 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$106.5K
$93.2K – $124.3K (±1% cap)
NOI $7,458 @ 7.0% cap · market cap 3.55%
Theoretical Best
Warehouse
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,904 @ 7.0% cap · market cap 43.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience Store Car Rental Facility

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 17830, PA

2,017
Population
984
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
89%
High-School Grad
30.8 sq mi
ZIP Area
65
Density / Sq Mi
$76,339
Median Household Income
$46,336
Median Earnings
$702
Median Rent
$185,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Income-producing duplex with off-street parking and an opportunity for interior updates.
Where is this duplex located?
The property is located at 132 Pottsville St Herndon, PA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,079 square feet of property size; Each unit includes 2 bedrooms and 1 full bathroom; Both units are currently occupied
More about this property
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