1903 W Market St, Pottsville, PA 17901
Tenant-occupied multifamily property in Pottsville, convenient location, cash sales only.
- Added:
- Sep 24, 2024
- Days on Market:
- 628
- Last Refresh:
- May 12 at 8:16 pm
Property Features for 1903 W Market St
General Information
- Standard status
- Active
- Size
- 2,178 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agent Will Primeau License #PA RS337743
Listing office Ramus Realty Group
Listing date Sep 24, 2024
Source Crexi
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 Ramus Realty Group
HighLights
- Easy access to Route 61 for travel.
- Tenant occupied.
- Proximity to Allentown (1 hour).
- Proximity to NYC (2.5 hours).
- Multi‑unit property.
- Year Built: 1900.
Overview
Local Financial Insights For Apartment 5plus
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 | $23.0k | $10.56 |
| − Vacancy | −$1.3k | −$0.61 |
| EGI | $21.7k | $9.95 |
| − OpEx | −$9.7k | −$4.48 |
| NOI | $11.9k | $5.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pottsville
- County
- Schuylkill
- State
- Pennsylvania
- Longitude
- -76.217616
- Latitude
- 40.677367
