Pottstown Duplex: Investment
38 West 5th Street, Pottstown, PA 19464
New
Two-unit property in Pottstown, PA. Live or rent both units.
Type:Multi-Family / Fee Simple
Property size:
1,443 SFPrice / SF:
$128/SF- Added:
- May 27, 2026
- Days on Market:
- 6
- Last Refresh:
- May 27 at 12:49 pm
Property Features for 38 West 5th Street
General Information
- Standard status
- Active
- Size
- 1,443 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1924
Listing agent Jennifer Davidheiser License #RS297577 (610) 587-6602
Listing office The Real Estate Professionals-Pottstown (610) 587-6602
Listing date May 27, 2026
Source Compass
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 The Real Estate Professionals-Pottstown
HighLights
- Opportunity to live in one unit and rent out the other for income.
- First floor unit is vacant and move‑in ready.
- Two separate units with 3 electric meters, offering flexibility for renting.
- First floor unit features a large, updated kitchen and in‑unit laundry.
- First floor unit has replacement windows.
- Priced for a quick sale.
Overview
This two-unit property, located in Pottstown, Montgomery County, presents an investment opportunity. The first-floor unit, ready for occupancy, features one bedroom, a living room, a large updated kitchen, a bathroom, and a laundry room. It also has replacement windows and electric baseboard heat. The second-floor unit, spread across the second and third levels, includes two bedrooms, a living room, a kitchen, and a bathroom. This unit is heated by oil hot water. The property has three separate electric meters. Transportation is accessible with a bus stop less than 1 mile away. The sale is as-is, and the buyer is responsible for the Pottstown Borough U&O inspection and any required repairs. The borough has regularly inspected the property. The property size is 1443 square feet. The property is located within the Pottstown school district, with Lincoln Elementary, Pottstown Middle School, and Pottstown Senior High School serving the area.
Local 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 | $27.7k | $19.20 |
| − Vacancy | −$4.0k | −$2.78 |
| EGI | $23.7k | $16.42 |
| − OpEx | −$7.1k | −$4.92 |
| NOI | $16.6k | $11.49 |
1,443 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$236.9K
$207.3K – $276.4K
NOI $16,582 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$223.5K
$195.6K – $260.8K
NOI $15,647 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$437.5K
$382.8K – $510.4K
NOI $30,625 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Pottstown
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.652985
- Latitude
- 40.253834
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property in Pottstown, PA. Live or rent both units.
Where is this duplex located?
The property is located at 38 West 5th Street Pottstown, PA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Opportunity to live in one unit and rent out the other for income.; First floor unit is vacant and move‑in ready.; Two separate units with 3 electric meters, offering flexibility for renting.
