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    Historic Mixed-Use Three-Unit Property Title is generated by Realmo AI

    344 HIGH Street, Pottstown, PA 19464

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    For Sale
    $445,000

    MULTI_FAMILY - Colonial, Federal - POTTSTOWN, PA

    Property size:
    5,000 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $89/SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for 344 HIGH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    2
    Parking features
    Garage - Detached
    Interior features
    Attic/House Fan, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Built-Ins, Chair Railings, Crown Moldings, Exposed Beams, Stain/Lead Glass, Upgraded Countertops, Wainscotting, Window Treatments, Wood Floors
    Fireplace
    1
    Appliances
    Oven/Range - Gas, Washer, Refrigerator, Dryer
    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4973

    Utilities

    Heating system
    Steam, Heat Pump (Heating), Electric (Heating)
    Cooling system
    Ductless, Central Air

    Building Details

    Year built
    1820
    Number of units
    3
    Building materials
    Brick, Stucco
    Architectural style
    Federal, Colonial

    We can help!

    Listing Contact
    Brian C Kelly

    Listing agent Brian C Kelly License #RM052045A

    Listing office Kelly Real Estate, Inc. Gilbertsville, PA

    Listing date Jun 4, 2026

    MLS# PAMC2180914 Listing URL

    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.

    HighLights

    • Mixed‑use 3‑unit property in a circa 1820 Federal/Colonial‑style building with brick and stucco construction
    • Main dwelling unit features 5 bedrooms, 2 full baths, and about 3,700 SF across three levels
    • Includes gas fireplace and distinctive historic details such as leaded glass transoms, crown moldings, and wood floors
    • 1st‑floor commercial unit is currently occupied as a hair salon with 2 rooms and a full bathroom
    • Third unit is a leased 1‑bedroom apartment with a look‑out deck above the 2‑car garage in the detached carriage house
    • Outdoor spaces include a second‑floor roof balcony, screened back porch, and brick patio in a courtyard setting

    Overview

    This circa 1820 Federal-style three-story colonial is currently configured as a mixed-use, three-unit property. The primary dwelling unit features about 3,700 square feet across three levels, with 5 bedrooms and 2 baths. Interior details include hardwood and inlaid flooring, custom wainscoting, precision interior shutters, and a stately entrance with leaded glass transoms and windows, ornate ironwork, and detailed woodwork. The first floor includes a large great room with a coffered ceiling and an ornamental marble-front fireplace, along with living and dining rooms with built-in display cabinetry. The kitchen offers tall cabinetry, granite counters, a 6-burner gas range, stainless appliances, and a cast-iron sink. Two staircases lead to the upper levels, including a large primary bathroom suite with a copper soaking tub and a walk-in custom tile shower, plus laundry facilities and a separate room with an antique-style commode and pedestal sink.

    The main building also includes an occupied commercial unit for a hair salon, accessed from a deep side porch. That unit includes two rooms, an impressive black marble gas fireplace, and a full bathroom. Outdoor space includes a second-floor roof balcony, a screened back porch, and a brick patio in a scenic courtyard.

    A third unit is a leased one-bedroom apartment located above a detached carriage house garage, with a look-out deck. Additional storage is available in an unfinished attic. The property is located in Pottstown’s downtown near restaurants and stores, coffee shops, outdoor eateries, the Steel River Playhouse community theater, the historic carousel, multiple parks, and the Schuylkill River trail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pad Thai Restaurant Restaurant

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6458986
    Latitude
    40.2448524

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    FAQs

    What type of property is this?
    Triplex - Federal-style three-story mixed-use building with an occupied salon unit and two residential units, including a roof balcony and patio.
    Where is this triplex located?
    The property is located at 344 HIGH Street Pottstown, PA.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: Mixed‑use 3‑unit property in a circa 1820 Federal/Colonial‑style building with brick and stucco construction; Main dwelling unit features 5 bedrooms, 2 full baths, and about 3,700 SF across three levels; Includes gas fireplace and distinctive historic details such as leaded glass transoms, crown moldings, and wood floors
    (610) 715-9762
    We can help!
    Listing Contact
    Brian C Kelly
    Real Estate License ID: RM052045A
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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