2-Unit
For Sale
$395,000
339 FAIRVIEW STREET, Pottstown, PA 19464
The property contains two residential units within a 1950s building.
Property Size2,400 SF
Price / SF$164.58
Days on Market11
Property Features for 339 FAIRVIEW STREET
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Building Details
Year Built
1953
Listing Agency:
Keller Williams Platinum Realty - Wyomissing
(610) 898-1441
Listed By:
Jennifer Kuhn · License #RS214117L
(484) 614-7872
Source:
Cummingsrealtors
Added: Oct 23
Changed: Nov 1
Last Checked: Nov 1 at 5:20AM
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 Keller Williams Platinum Realty - Wyomissing
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Investment Insights
Based on property information with market context.
Built in 1953, this duplex contains two residential units and offers 2,400 square feet of property area. Its two-unit configuration defines the asset, with no additional physical features specified.
Key Highlights
- Two residential units
- Built in 1953
- 2,400 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,872
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,440
$697.4K
Cap Rate 7%
$498,171
$498.2K
Cap Rate 9%
$387,467
$387.5K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$53.3K $22.20/SF
− Vacancy
−$3.5K −$1.44/SF
EGI
$49.8K $20.76/SF
− OpEx
−$14.9K −$6.23/SF
NOI
$34.9K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,440
Cap Rate 7%
$498,171
Cap Rate 9%
$387,467
Alternative Uses
Best Use
Multifamily LT 5
$498.2K
$435.9K – $581.2K
NOI $34,872 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$463.2K
$405.3K – $540.4K
NOI $32,425 @ 7.0% cap · market cap 8.21%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,635 @ 7.0% cap · market cap 24.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
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Business Placement
Demographics for 19464, PA
48,409
Population
19,985
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,891
Density / Sq Mi
$76,338
Median Household Income
$44,888
Median Earnings
$1,226
Median Rent
$231,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property contains two residential units within a 1950s building.
Where is this duplex located?
The property is located at 339 FAIRVIEW STREET Pottstown, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two residential units; Built in 1953; 2,400 square feet
