Pottsville Turnkey Investment
201 North 2nd Street, Pottsville, PA 17901
Charming 3-unit property in downtown Pottsville with immediate cash flow.
Type:Multi-Family / Fee Simple
Property size:
3,236 SFPrice / 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
Listing agent Bradley K Mullen License #RM425563 (570) 366-4686
Listing office Mullen Realty Associates (570) 366-4686
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
NOI $19,062 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$252.9K
$221.3K – $295.1K
NOI $17,705 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$485.4K
$424.7K – $566.3K
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
Location Insight
- Map
- Local Demand
- City
- Pottsville
- County
- Schuylkill
- State
- Pennsylvania
- Longitude
- -76.197461
- Latitude
- 40.686155
Nearby Similar for Sale
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.
