Residential Duplex Income
For Sale
$299,999
48 CHESTNUT Street, Pottstown, PA 19464
MULTI_FAMILY - Other - POTTSTOWN, PA
Property Size2,011 SF
Lot Size0.10 Acres
Price / SF$149.18
Days on Market84
Property Features for 48 CHESTNUT Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage
Appliances
Freezer, Refrigerator, WaterHeater, Washer, Dryer - Electric, Oven/Range - Electric
Elementary school
FRANKLIN
Middle school
POTTSTOWN
High school
POTTSTOWN SENIOR
Elementary school district
POTTSTOWN
Middle school district
POTTSTOWN
High school district
POTTSTOWN
Standard status
Active
Size
2,011 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5517
Utilities
Heating system
Baseboard, Other (Heating), Electric (Heating)
Building Details
Year built
1925
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
KW Greater West Chester · Keller Williams Realty
(610) 436-6500
Listed By:
Tarik Ryant · License #RS377675
(484) 751-3661
Added: May 22
Changed: Jul 13
Last Checked: Aug 13 at 2:06AM
MLS# PAMC2180876
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 for-sale duplex income property is listed as a residential income/multifamily asset and totals 2,011 square feet. The property sits on a 0.0964-acre lot, offering a compact residential configuration suitable for income-producing ownership.
The address is 48 CHESTNUT Street in Pottstown, Pennsylvania (Montgomery County), 19464.
All details provided reflect the asset’s recorded property type, lot size, and total square footage; additional interior features and unit configuration are not included in the information provided.
The address is 48 CHESTNUT Street in Pottstown, Pennsylvania (Montgomery County), 19464.
All details provided reflect the asset’s recorded property type, lot size, and total square footage; additional interior features and unit configuration are not included in the information provided.
Key Highlights
- Built in 1925
- Brick construction
- Garage parking
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
$23,109
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
7.70%
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%
$462,180
$462.2K
Cap Rate 7%
$330,129
$330.1K
Cap Rate 9%
$256,767
$256.8K
Market Conditions
NOI Build-Up for 2,011 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
$38.6K $19.20/SF
− Vacancy
−$5.6K −$2.78/SF
EGI
$33.0K $16.42/SF
− OpEx
−$9.9K −$4.92/SF
NOI
$23.1K $11.49/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
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%
$462,180
Cap Rate 7%
$330,129
Cap Rate 9%
$256,767
Alternative Uses
Best Use
Multifamily LT 5
$330.1K
$288.9K – $385.2K
NOI $23,109 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$311.5K
$272.6K – $363.4K
NOI $21,806 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$609.7K
$533.5K – $711.3K
NOI $42,680 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
975
Businesses Nearby
Explore this area
Business Placement
Demographics for 19464, PA
48,409
Population
19,985
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,891
Density / Sq Mi
$76,338
Median Household Income
$44,888
Median Earnings
$1,226
Median Rent
$231,700
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?
Duplex - For sale duplex income property on a 0.0964-acre lot with 2,011 square feet in Pottstown, PA.
Where is this duplex located?
The property is located at 48 CHESTNUT Street Pottstown, PA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Built in 1925; Brick construction; Garage parking
