Two-Story Multifamily
For Sale
$150,000
155 Pottsville Street, Cressona, PA 17929
Residential income property with laundry facilities, attic access, and a separate garage.
Property Size1,944 SF
Price / SF$77.16
Days on Market138
Property Features for 155 Pottsville Street
General Information
Standard status
Active
Size
1,944 SF
Total Parking Spaces
3
Property subtype
Multi-Family / Fee Simple
Zoning
RES
Taxes and HOA fees
Annual Taxes
$1,394
Amenities
laundry
No
Refrigerator, Stove
No Pool
Above Grade, Below Grade
Building Details
Year Built
1931
Listing Agency:
Mullen Realty Associates
(570) 640-2092
Listed By:
Sheryl ANN Mealing · License #RS184966L
(570) 640-2092
Source:
Compass
Added: Apr 15
Changed: Aug 30
Last Checked: Aug 30 at 10:53AM
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 Mullen Realty Associates
Investment Insights
Based on property information with market context.
This multifamily property in Cressona includes 1,944 square feet across a two-story configuration. The first floor provides laundry facilities, while the second floor includes attic access. Interior appliances include a refrigerator and stove, and the property was built in 1931. A garage is also included and was previously reserved for the owner's use.
The property is zoned RES and located on Pottsville Street in Cressona Borough, within the Blue Mountain School District. Tenants are responsible for heat and additional personal utilities. The county is Schuylkill, and the MLS area is Cressona Boro (13341).
The property is zoned RES and located on Pottsville Street in Cressona Borough, within the Blue Mountain School District. Tenants are responsible for heat and additional personal utilities. The county is Schuylkill, and the MLS area is Cressona Boro (13341).
Key Highlights
- 1,944‑square‑foot multifamily property built in 1931
- Two‑story layout with first‑floor laundry and second‑floor attic access
- Separate garage previously used by the owner
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
$10,636
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
7.09%
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%
$212,720
$212.7K
Cap Rate 7%
$151,943
$151.9K
Cap Rate 9%
$118,178
$118.2K
Market Conditions
NOI Build-Up for 1,944 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
$20.5K $10.56/SF
− Vacancy
−$1.2K −$0.61/SF
EGI
$19.3K $9.95/SF
− OpEx
−$8.7K −$4.48/SF
NOI
$10.6K $5.47/SF
Area
Schuylkill County, PA
Vacancy
5.80%
Lease Rate
$10.56 /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%
$212,720
Cap Rate 7%
$151,943
Cap Rate 9%
$118,178
Alternative Uses
Best Use
Apartment 5plus
$151.9K
$133.0K – $177.3K
NOI $10,636 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$291.6K
$255.2K – $340.2K
NOI $20,412 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
Demographics for 17929, PA
1,611
Population
620
Households
2.6
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
1.1 sq mi
ZIP Area
1,465
Density / Sq Mi
$71,106
Median Household Income
$38,250
Median Earnings
$855
Median Rent
$149,500
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?
Multifamily property - Residential income property with laundry facilities, attic access, and a separate garage.
Where is this multifamily property located?
The property is located at 155 Pottsville Street Cressona, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,944‑square‑foot multifamily property built in 1931; Two‑story layout with first‑floor laundry and second‑floor attic access; Separate garage previously used by the owner
