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    Triplex with Garages Title is generated by Realmo AI

    473 W HIGH Street, Phoenixville, PA 19460

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    For Sale
    $599,900

    MULTI_FAMILY - Victorian - PHOENIXVILLE, PA

    Property size:
    2,762 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $217/SF
    Added:
    Jun 10, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 11 at 8:06 am

    Property Features for 473 W HIGH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    4
    Parking features
    Garage - Detached
    Standard status
    Active
    Size
    2,762 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5756

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1890
    Number of units
    3
    Building materials
    Stucco
    Architectural style
    Victorian

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    Listing Contact
    Alexander David Newman

    Listing agent Alexander David Newman

    Listing office Keller Williams Real Estate-Doylestown 259 S Veterans Lane unit: 101, DOYLESTOWN, PA

    Listing date Jun 10, 2026

    MLS# PACT2127212 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

    • Large triplex with two 1‑bedroom units and one 2‑bedroom unit
    • 4 rentable detached garages for storage or car parking
    • Total monthly rent for the 3 units is $4,000 plus $800–$1,000 for the garages
    • All leases are M‑M; option to sign current tenants to a year lease or give notice to vacate prior to closing
    • Built in 1890 with Victorian architectural style
    • Stucco exterior, heated with hot water; detached garage parking

    Overview

    This Victorian-style triplex offers three residential units plus four rentable garages. The unit mix includes two one-bedroom apartments and one two-bedroom apartment, with the garages providing additional income for storage or car parking. The property is currently occupied, and the existing leases are month-to-month. With the right notice, the seller can coordinate move-out timing prior to closing, including for the garages.

    Located at 473 W High Street in Phoenixville, Pennsylvania (Chester County), the home is positioned in a quiet section of town, per the listing remarks. Because the property is tenant-occupied, showings are planned through scheduled open houses rather than individual appointments. The first open house is set for Wednesday 6/10, with the time TBD, followed by an additional open house during the next week if needed.

    For buyers seeking a residential income property, this configuration offers a straightforward blend of one- and two-bedroom living spaces and added utility from four separate garage rentals. The month-to-month lease structure may provide flexibility around timing for a future annual lease or tenant move-outs prior to closing, including the garage spaces.

    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 $53.0k $19.20
    − Vacancy −$7.7k −$2.78
    EGI $45.3k $16.42
    − OpEx −$13.6k −$4.92
    NOI $31.7k $11.49
    2,762 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $453.4K
    $396.7K – $529.0K (±1% cap)
    NOI $31,739 @ 7.0% cap · market cap 5.29%
    Second Best
    Apartment 5plus
    $427.8K
    $374.4K – $499.2K (±1% cap)
    NOI $29,949 @ 7.0% cap · market cap 4.99%
    Theoretical Best
    Office A
    $837.4K
    $732.7K – $977.0K (±1% cap)
    NOI $58,619 @ 7.0% cap · market cap 9.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenixville
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.52162
    Latitude
    40.13783

    FAQs

    What type of property is this?
    Triplex - Three-unit triplex with two one-bedroom units, one two-bedroom unit, and four rentable garages.
    Where is this triplex located?
    The property is located at 473 W HIGH Street Phoenixville, PA.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: Large triplex with two 1‑bedroom units and one 2‑bedroom unit; 4 rentable detached garages for storage or car parking; Total monthly rent for the 3 units is $4,000 plus $800–$1,000 for the garages
    More about this property
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