Triplex with Rentable
473 W HIGH Street Phoenixville, PA 19460
For Sale
$599,900
MULTI_FAMILY - Victorian - PHOENIXVILLE, PA
Property Size2,762 SF
Lot Size0.16 Acres
Price / SF$217.20
Days on Market48
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
Listing Agency:
Keller Williams Real Estate-Doylestown
(215) 340-5700
Listed By:
Alexander David Newman
(267) 644-7910
Added: Jun 10
Changed: Jun 13
Last Checked: Jul 27 at 4:06PM
MLS# PACT2127212
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.
Investment Insights
Based on property information with market context.
This Victorian-style triplex at 473 W High Street offers three residential units plus four rentable garages. The unit mix includes two 1-bedroom units and one 2-bedroom unit with a walk-through layout. In addition to the monthly rent from the three units, the garages are available for storage or car parking, with estimated monthly garage income of $800 to $1,000. The property totals 2,762 square feet and sits on a 0.1601-acre lot.
All leases are month-to-month. The listing notes total monthly rent for the three units of $4,000, with additional garage rent of $800 to $1,000. Because the property is currently occupied, showings are planned through scheduled open houses, beginning Wednesday 6/10 (time TBD), with an additional open house the following week if needed.
For tenants, this layout provides a mix of 1-bedroom and 2-bedroom living options within one ownership. For buyers and investors, the combination of residential units and dedicated rentable garage space can support a straightforward operating profile, with flexibility to sign current tenants to a one-year lease or provide notice to vacate prior to closing, including for the garages.
All leases are month-to-month. The listing notes total monthly rent for the three units of $4,000, with additional garage rent of $800 to $1,000. Because the property is currently occupied, showings are planned through scheduled open houses, beginning Wednesday 6/10 (time TBD), with an additional open house the following week if needed.
For tenants, this layout provides a mix of 1-bedroom and 2-bedroom living options within one ownership. For buyers and investors, the combination of residential units and dedicated rentable garage space can support a straightforward operating profile, with flexibility to sign current tenants to a one-year lease or provide notice to vacate prior to closing, including for the garages.
Key Highlights
- Triplex with two 1‑bedroom units and one 2‑bedroom (walk‑through) unit
- Includes 4 rentable detached garages for storage or car parking
- Total monthly rent for the 3 units is $4,000, with an additional $800 to $1,000 for the garages
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
NOI $31,739 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$427.8K
$374.4K – $499.2K
NOI $29,949 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$837.4K
$732.7K – $977.0K
NOI $58,619 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - A three-unit triplex with two 1-bedroom, one 2-bedroom unit, plus four rentable garages for storage or parking.
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: Triplex with two 1‑bedroom units and one 2‑bedroom (walk‑through) unit; Includes 4 rentable detached garages for storage or car parking; Total monthly rent for the 3 units is $4,000, with an additional $800 to $1,000 for the garages
