Three-Unit Residential Income
33 Beech Street Pottstown, PA 19464
For Sale
$269,900
Three-unit multifamily includes two one-bedroom apartments and one efficiency unit with existing rental income.
Property Size1,813 SF
Price / SF$148.87
Days on Market632
Property Features for 33 Beech Street
General Information
- Standard status
- Active
- Size
- 1,813 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing Agency:
Richard A Zuber Realty-Boyertown
(610) 369-0303
Listed By:
Richard A Zuber · License #RB029192L
(610) 369-0303
Source:
Compass
Added: Nov 2, 2024
Changed: Jul 22
Last Checked: Jul 25 at 11:50AM
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 Richard A Zuber Realty-Boyertown
Investment Insights
Based on property information with market context.
This three-unit residential income property features two one-bedroom apartments and one efficiency unit. The listing reports current monthly income of $600 for the first floor, $585 for the second floor, and $480 for the third floor.
The property is located in Pottstown, Pennsylvania, in Montgomery County, within the Pottstown School District. The listing also provides expense estimates including taxes of $4,617, water/sewer/trash of $3,507, electric of $1,622, and insurance of $1,539.
As a compact, three-unit setup, the building offers a straightforward mix of apartment sizes within one investment structure.
The property is located in Pottstown, Pennsylvania, in Montgomery County, within the Pottstown School District. The listing also provides expense estimates including taxes of $4,617, water/sewer/trash of $3,507, electric of $1,622, and insurance of $1,539.
As a compact, three-unit setup, the building offers a straightforward mix of apartment sizes within one investment structure.
Key Highlights
- 3‑unit multifamily with two 1‑bedroom apartments and one efficiency unit
- Existing rental income: 1st floor $600, 2nd floor $585, 3rd floor $480
- Year built: 1900
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 | $34.8k | $19.20 |
| − Vacancy | −$5.0k | −$2.78 |
| EGI | $29.8k | $16.42 |
| − OpEx | −$8.9k | −$4.92 |
| NOI | $20.8k | $11.49 |
1,813 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$297.6K
$260.4K – $347.2K
NOI $20,834 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$280.8K
$245.7K – $327.7K
NOI $19,659 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$549.7K
$481.0K – $641.3K
NOI $38,478 @ 7.0% cap · market cap 14.26%
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 - Three-unit multifamily includes two one-bedroom apartments and one efficiency unit with existing rental income.
Where is this triplex located?
The property is located at 33 Beech Street Pottstown, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 3‑unit multifamily with two 1‑bedroom apartments and one efficiency unit; Existing rental income: 1st floor $600, 2nd floor $585, 3rd floor $480; Year built: 1900