Corner Triplex with Two Occupied
301 E VINE Street Pottstown, PA 19464
For Sale
$375,000
MULTI_FAMILY - Other - POTTSTOWN, PA
Property Size2,587 SF
Lot Size0.10 Acres
Price / SF$144.96
Days on Market91
Property Features for 301 E VINE Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
Off Street
Standard status
Active
Size
2,587 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5542
Utilities
Heating system
Central
Building Details
Year built
1880
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Main Line-Kimberton
(610) 935-3200
Listed By:
James J Boyd · License #AB065560
(610) 842-9907
Added: Apr 29
Changed: Jul 27
Last Checked: Jul 28 at 5:06PM
MLS# PAMC2177000
Copyright © 2026 Bright 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 well-maintained corner triplex includes three separate two-bedroom, one-bath units. The property has a practical, comfortable layout across all units. Two units are currently occupied, while the third unit is intentionally left vacant. The vacant unit is in the process of receiving new carpeting and fresh paint, providing a head start for a new owner’s next steps.
The property is located in the Pottsgrove School District and sits in a corner configuration. The listing notes potential off-street parking off the alley, though availability may require verification.
As a residential income property with three units, this asset offers an owner the opportunity to manage two current tenancies while the third unit is ready for updating and re-leasing or owner-occupancy, subject to the new owner’s plans.
The property is located in the Pottsgrove School District and sits in a corner configuration. The listing notes potential off-street parking off the alley, though availability may require verification.
As a residential income property with three units, this asset offers an owner the opportunity to manage two current tenancies while the third unit is ready for updating and re-leasing or owner-occupancy, subject to the new owner’s plans.
Key Highlights
- Three two‑bedroom, one‑bath units in a brick building built in 1880
- Pottsgrove School District property with two units currently occupied
- Current rents of $1,200 and $1,500 per month, plus a third unit left vacant for new owner flexibility
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 | $49.7k | $19.20 |
| − Vacancy | −$7.2k | −$2.78 |
| EGI | $42.5k | $16.42 |
| − OpEx | −$12.7k | −$4.92 |
| NOI | $29.7k | $11.49 |
2,587 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$424.7K
$371.6K – $495.5K
NOI $29,728 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$400.7K
$350.7K – $467.5K
NOI $28,052 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$784.4K
$686.3K – $915.1K
NOI $54,905 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained corner triplex with three two-bedroom, one-bath units, two currently occupied and one vacant for immediate customization.
Where is this triplex located?
The property is located at 301 E VINE Street Pottstown, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three two‑bedroom, one‑bath units in a brick building built in 1880; Pottsgrove School District property with two units currently occupied; Current rents of $1,200 and $1,500 per month, plus a third unit left vacant for new owner flexibility
