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    Pottsville Turnkey Investment Opportunity Title is generated by Realmo AI

    201 North 2nd Street, Pottsville, PA 17901

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    For Sale
    $224,000

    Charming 3-unit property in downtown Pottsville with immediate cash flow.

    Type:Multi-Family / Fee Simple
    Property size:
    3,236 SF
    Price / SF:
    $69/SF
    Added:
    May 22, 2026
    Days on Market:
    11
    Last Refresh:
    May 27 at 11:14 am

    Property Features for 201 North 2nd Street

    General Information

    Standard status
    Active
    Size
    3,236 SF
    Property subtype
    Multi-Family / Fee Simple

    Building Details

    Year Built
    1920

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    Listing Contact
    Bradley K Mullen

    Listing agent Bradley K Mullen License #RM425563

    Listing office Mullen Realty Associates

    Listing date May 22, 2026

    Source Compass

    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

    HighLights

    • Turnkey 3‑unit investment property with immediate and consistent cash flow.
    • Prime downtown Pottsville location, walk to everything!
    • Historic red brick corner property with strong curb appeal.
    • Each unit features two bedrooms, a kitchen, and a full bathroom.
    • Gas heat with separate zones for low operating costs.
    • Proven rental history and long‑term upside potential.

    Overview

    This turnkey, three-unit investment property is located in Downtown Pottsville. The red brick corner property showcases historic 1900s architectural details. The property features three two-bedroom units, all of which are currently leased. Each unit includes a functional layout with a kitchen and a full bathroom. The property utilizes gas heat with separate zones. The property is located within walking distance of the courthouse and the downtown business district, close to businesses, shops, restaurants, and everyday amenities. The property has a proven rental history. The building size is 3236 square feet. The property is located within the Pottsville Area School District, specifically the D.H.H. Lengel Middle School and Pottsville Area High School.

    Local Financial Insights For Multifamily LT 5

    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 $29.1k $9.00
    − Vacancy −$1.9k −$0.59
    EGI $27.2k $8.42
    − OpEx −$8.2k −$2.52
    NOI $19.1k $5.89
    3,236 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $272.3K
    $238.3K – $317.7K (±1% cap)
    NOI $19,062 @ 7.0% cap · market cap 8.51%
    Second Best
    Apartment 5plus
    $252.9K
    $221.3K – $295.1K (±1% cap)
    NOI $17,705 @ 7.0% cap · market cap 7.90%
    Theoretical Best
    Office A
    $485.4K
    $424.7K – $566.3K (±1% cap)
    NOI $33,978 @ 7.0% cap · market cap 15.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pottsville
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -76.197461
    Latitude
    40.686155

    FAQs

    What type of property is this?
    Triplex - Charming 3-unit property in downtown Pottsville with immediate cash flow.
    Where is this triplex located?
    The property is located at 201 North 2nd Street Pottsville, PA.
    What is the asking price?
    The asking price for this property is $224,000.
    What are key features of this property?
    This property features: Turnkey 3‑unit investment property with immediate and consistent cash flow.; Prime downtown Pottsville location, walk to everything!; Historic red brick corner property with strong curb appeal.
    More about this property
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