Corner Triplex with Two-Bed
301 East Vine Street Pottstown, PA 19464
For Sale
$375,000
Well-maintained corner triplex offers three two-bedroom, one-bath units, with two currently occupied and a third unit slated for updates.
Property Size2,587 SF
Price / SF$144.96
Days on Market95
Property Features for 301 East Vine Street
General Information
- Standard status
- Active
- Size
- 2,587 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1880
Listing Agency:
RE/MAX Achievers Inc -Pottstown
(610) 842-9907
Listed By:
James J Boyd · License #AB065560
(610) 842-9907
Source:
Compass
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 6:26PM
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 RE/MAX Achievers Inc -Pottstown
Investment Insights
Based on property information with market context.
This well-maintained corner triplex includes three spacious two-bedroom, one-bath units. Two units are currently occupied, and the third unit is intentionally left vacant with new carpeting and fresh paint in progress, offering flexibility for an owner. The property is governed by a strict no-pets, no-smoking policy, helping preserve condition.
The property is located in the Pottsgrove School District and positioned near major highways, shopping centers, and dining options. It is also described as being just minutes from the revitalized downtown Pottstown High Street area.
Off-street parking is possible off of the alley, according to the remarks. Dimensions of lots and building or room sizes are estimated and should be verified by the buyer.
The property is located in the Pottsgrove School District and positioned near major highways, shopping centers, and dining options. It is also described as being just minutes from the revitalized downtown Pottstown High Street area.
Off-street parking is possible off of the alley, according to the remarks. Dimensions of lots and building or room sizes are estimated and should be verified by the buyer.
Key Highlights
- Well‑maintained corner triplex built in 1880 with three 2‑bedroom, 1‑bath units
- Two units currently occupied with monthly rents of $1,200 and $1,500
- Third unit is vacant and in the process of getting new carpeting and fresh paint
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained corner triplex offers three two-bedroom, one-bath units, with two currently occupied and a third unit slated for updates.
Where is this triplex located?
The property is located at 301 East 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: Well‑maintained corner triplex built in 1880 with three 2‑bedroom, 1‑bath units; Two units currently occupied with monthly rents of $1,200 and $1,500; Third unit is vacant and in the process of getting new carpeting and fresh paint
