Multi-Family with Commercial
1715-1717 West Market Street Pottsville, PA 17901
For Sale
$450,000
Five-unit property with four tenant-occupied residential units generating $4,500 monthly, plus a vacant commercial space.
Property Size4,200 SF
Price / SF$107.14
Days on Market102
Property Features for 1715-1717 West Market Street
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Commercial Building
Building Details
Year Built
1953
Listing Agency:
FIRST CAPITOL REAL ESTATE LLC
(717) 779-9833
Listed By:
Nicole Byrd · License #RM424319
(717) 779-9833
Source:
Doyle-realty
Added: Apr 20
Changed: Jul 25
Last Checked: Jul 29 at 5:39AM
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 FIRST CAPITOL REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This five-unit property includes four currently tenant-occupied residential apartments and a fifth unit that is configured as a commercial space. The residential mix features two 3-bedroom/1-bath units and two 2-bedroom/1-bath units, offering multiple layout options within the same building. The remaining commercial space is vacant and ready for a new concept or tenant, creating flexibility for additional income.
The property is positioned just off a main road, supporting convenient access for both residential tenants and potential commercial use.
With four units producing monthly income and one unit available to lease, the building provides a straightforward income base alongside the opportunity to add revenue through the vacant commercial space.
The property is positioned just off a main road, supporting convenient access for both residential tenants and potential commercial use.
With four units producing monthly income and one unit available to lease, the building provides a straightforward income base alongside the opportunity to add revenue through the vacant commercial space.
Key Highlights
- Five‑unit property (1953) in Pottsville, with four tenant‑occupied residential units plus a separate commercial space
- Four residential units are tenant‑occupied and currently generate $4,500 per month in income
- Residential unit mix: two 3 bed/1 bath units at 1715 and two 2 bed/1 bath units at 1717
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.9k | $11.40 |
| − Vacancy | −$5.0k | −$1.20 |
| EGI | $42.9k | $10.20 |
| − OpEx | −$12.9k | −$3.06 |
| NOI | $30.0k | $7.14 |
4,200 SF · lease $11.40/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$428.5K
$375.0K – $500.0K
NOI $29,997 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$328.3K
$287.2K – $383.0K
NOI $22,979 @ 7.0% cap · market cap 5.11%
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit property with four tenant-occupied residential units generating $4,500 monthly, plus a vacant commercial space.
Where is this apartment building located?
The property is located at 1715-1717 West 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: Five‑unit property (1953) in Pottsville, with four tenant‑occupied residential units plus a separate commercial space; Four residential units are tenant‑occupied and currently generate $4,500 per month in income; Residential unit mix: two 3 bed/1 bath units at 1715 and two 2 bed/1 bath units at 1717
