Five-Unit Mixed-Use Apartment
For Sale
$450,000
1715-1717 W Market Street, Pottsville, PA 17901
COMMERCIAL - Pottsville, PA
Property Size4,200 SF
Lot Size0.21 Acres
Price / SF$107.14
Days on Market126
Property Features for 1715-1717 W Market Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3
Patio and Porch features
Deck
Subdivision
Yorkville
Standard status
Active
Size
4,200 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4787
Utilities
Heating system
Natural Gas, Baseboard, Electric (Heating), Hot Water(Heating), Radiant
Water source
Public
Building Details
Year built
1953
Floors in Building
2
Flooring type
Linoleum, Carpet, Hardwood, Laminate
Building materials
Wood Siding, Masonite, Brick, Aluminum
Roof type
Asphalt, Metal, Rubber
Listing Agency:
FIRST CAPITOL REAL ESTATE LLC
(717) 779-9833
Listed By:
Nicole Byrd · License #RM424319
(717) 779-9833
Added: Apr 20
Changed: Aug 4
Last Checked: Aug 23 at 11:06AM
MLS# 11695309
Copyright © 2026 My State 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 five-unit mixed-use apartment building includes four tenant-occupied residential units plus a fifth unit described as commercial space ready for a tenant’s vision. The residential mix features two 3 bed / 1 bath units at 1715 and two 2 bed / 1 bath units at 1717, plus an additional bathroom room designation listed for the property. The remaining commercial space offers flexible layout considerations for retail, office, or a specialty concept.
The property is located at 1715-1717 W Market Street in Pottsville, Pennsylvania, just off a main road, with public water service. The building was constructed in 1953 and totals 4,200 square feet on a 0.21-acre lot.
Exterior materials include wood siding, masonite, brick, and aluminum. Interior finishes and surfaces include carpet, linoleum, hardwood, and laminate. Heating is provided via radiant and hot water systems, along with natural gas and electric baseboard options. Roofing is listed as metal, rubber, and asphalt, and a deck is included.
The property is located at 1715-1717 W Market Street in Pottsville, Pennsylvania, just off a main road, with public water service. The building was constructed in 1953 and totals 4,200 square feet on a 0.21-acre lot.
Exterior materials include wood siding, masonite, brick, and aluminum. Interior finishes and surfaces include carpet, linoleum, hardwood, and laminate. Heating is provided via radiant and hot water systems, along with natural gas and electric baseboard options. Roofing is listed as metal, rubber, and asphalt, and a deck is included.
Key Highlights
- Off a main road location at 1715‑1717 W Market Street, Pottsville, PA
- Five total units with four tenant‑occupied apartments and one commercial space
- 4,200 SF on a 0.21‑acre lot
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
$22,979
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
5.11%
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%
$459,580
$459.6K
Cap Rate 7%
$328,271
$328.3K
Cap Rate 9%
$255,322
$255.3K
Market Conditions
NOI Build-Up for 4,200 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
$44.4K $10.56/SF
− Vacancy
−$2.6K −$0.61/SF
EGI
$41.8K $9.95/SF
− OpEx
−$18.8K −$4.48/SF
NOI
$23.0K $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%
$459,580
Cap Rate 7%
$328,271
Cap Rate 9%
$255,322
Alternative Uses
Best Use
Apartment 5plus
$328.3K
$287.2K – $383.0K
NOI $22,979 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$630.0K
$551.3K – $735.0K
NOI $44,100 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
80%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 17901, PA
22,608
Population
11,067
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
79.4 sq mi
ZIP Area
285
Density / Sq Mi
$61,632
Median Household Income
$40,942
Median Earnings
$819
Median Rent
$130,600
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?
Apartment building - Five-unit building off a main road with four tenant-occupied apartments and one commercial space with deck access.
Where is this apartment building located?
The property is located at 1715-1717 W Market Street Pottsville, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Off a main road location at 1715‑1717 W Market Street, Pottsville, PA; Five total units with four tenant‑occupied apartments and one commercial space; 4,200 SF on a 0.21‑acre lot
