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Four-Unit Quadplex

404 S CENTRE STREET, Pottsville, PA 17901

For Sale
$179,900
Pending

Historic four-unit residential property with separate electric heat and water heating for each unit.

Property Size2,670 SF
Days on Market49

Property Features for 404 S CENTRE STREET

General Information

Standard status Pending
Size 2,670 SF
Property subtype Quadruplex

Additional Details

Multifamily Units 4

Building Details

Year Built 1900
Listing Agency: Saunders Real Estate
Listed By: Tracey Kreiser · License #AB068397
Source: Cummingsrealtors
Added: Sep 21 Changed: Nov 6 Last Checked: Nov 8 at 6:33AM

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 Saunders Real Estate

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Investment Insights

Based on property information with market context.

This four-unit quadplex contains 2,670 square feet and was built in 1900. Each residence is equipped with electric heat and its own individual hot water heater, providing separate heating and hot-water systems across the property.

The property is located at 404 S Centre Street in Pottsville, Pennsylvania. Its four-unit configuration supports a multifamily ownership profile with distinct residential units within one building.

Key Highlights

  • Four‑unit quadplex configuration
  • 2,670 square feet of building area
  • Built in 1900

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,728
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,560 $314.6K
Cap Rate 7%
$224,686 $224.7K
Cap Rate 9%
$174,756 $174.8K
Market Conditions
NOI Build-Up for 2,670 SF
Gross rent
$24.0K $9.00/SF
− Vacancy
−$1.6K −$0.59/SF
EGI
$22.5K $8.42/SF
− OpEx
−$6.7K −$2.52/SF
NOI
$15.7K $5.89/SF
Area
Schuylkill County, PA
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,560
Cap Rate 7%
$224,686
Cap Rate 9%
$174,756

Alternative Uses

Best Use
Multifamily LT 5
$224.7K
$196.6K – $262.1K (±1% cap)
NOI $15,728 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$208.7K
$182.6K – $243.5K (±1% cap)
NOI $14,608 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$400.5K
$350.4K – $467.3K (±1% cap)
NOI $28,035 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Historic four-unit residential property with separate electric heat and water heating for each unit.
Where is this quadplex located?
The property is located at 404 S CENTRE STREET Pottsville, PA.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Four‑unit quadplex configuration; 2,670 square feet of building area; Built in 1900
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