6-Unit Apartment
For Sale
$324,900
403 W Arch St, Pottsville, PA 17901
Unit mix includes one- and two-bedroom apartments with an on-site garage.
Property Size4,275 SF
Price / SF$76
Days on Market97
Property Features for 403 W Arch St
General Information
Standard status
Active
Size
4,275 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x 1BR, 3 x 2BR
Multifamily Units
5
Additional Details
Gross Income
$60,900
Taxes and HOA fees
Annual Taxes
$9,622
Listing Agency:
Ramus Realty Group
(570) 728-0186
Listed By:
William Primeau · License #RS337743
(570) 728-0186
Source:
Exprealty
Added: May 19
Changed: Aug 22
Last Checked: Aug 23 at 5:50AM
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 Ramus Realty Group
Investment Insights
Based on property information with market context.
This 4,275-square-foot apartment property contains six units: two one-bedroom apartments and three two-bedroom apartments, along with one garage. The configuration provides a mix of smaller and larger residential units within the building.
The property includes two parcels identified as 68-27-0202.000 and 68-27-0203.000, with addresses at 403 W Arch St and 115 N Fourth St in Pottsville, PA. The buildings are within walking distance of downtown and offer access to Highway 61 for regional travel.
The property includes two parcels identified as 68-27-0202.000 and 68-27-0203.000, with addresses at 403 W Arch St and 115 N Fourth St in Pottsville, PA. The buildings are within walking distance of downtown and offer access to Highway 61 for regional travel.
Key Highlights
- Six apartment units with two one‑bedroom and three two‑bedroom units
- 4,275‑square‑foot apartment building
- One garage included with the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,389
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$467,780
$467.8K
Cap Rate 7%
$334,129
$334.1K
Cap Rate 9%
$259,878
$259.9K
Market Conditions
NOI Build-Up for 4,275 SF
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.
Gross rent
$45.1K $10.56/SF
− Vacancy
−$2.6K −$0.61/SF
EGI
$42.5K $9.95/SF
− OpEx
−$19.1K −$4.48/SF
NOI
$23.4K $5.47/SF
Area
Schuylkill County, PA
Vacancy
5.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$467,780
Cap Rate 7%
$334,129
Cap Rate 9%
$259,878
Alternative Uses
Best Use
Apartment 5plus
$334.1K
$292.4K – $389.8K
NOI $23,389 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$641.3K
$561.1K – $748.1K
NOI $44,888 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
Explore this area
Business Placement
Demographics for 17901, PA
22,608
Population
11,067
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
79.4 sq mi
ZIP Area
285
Density / Sq Mi
$61,632
Median Household Income
$40,942
Median Earnings
$819
Median Rent
$130,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Unit mix includes one- and two-bedroom apartments with an on-site garage.
Where is this apartment building located?
The property is located at 403 W Arch St Pottsville, PA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Six apartment units with two one‑bedroom and three two‑bedroom units; 4,275‑square‑foot apartment building; One garage included with the property
