Well-Maintained Three-Unit
517 GLASGOW Street Pottstown, PA 19464
For Sale
$379,900
MULTI_FAMILY - Other - POTTSTOWN, PA
Property Size2,756 SF
Lot Size0.19 Acres
Price / SF$137.84
Days on Market111
Property Features for 517 GLASGOW Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
Off Street
Standard status
Active
Size
2,756 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
6195
Utilities
Heating system
Central
Building Details
Year built
1920
Number of units
3
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Main Line-Kimberton
(610) 935-3200
Listed By:
James J Boyd · License #AB065560
(610) 842-9907
Added: Apr 10
Changed: Jul 27
Last Checked: Jul 29 at 12:06AM
MLS# PAMC2172598
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 well-maintained three-unit investment property features thoughtful updates and an efficient setup for residents. Each unit has its own electric panel. Reported improvements include a gas heater approximately six years old, replacement windows, and ceiling fans in select units; additional upgrades are referenced in the disclosure.
The property is located in Stowe within West Pottsgrove Township and is served by the Pottsgrove School District. It also includes outdoor space with a spacious yard and a side porch.
With three separate units in place, the building is positioned as a straightforward residential income asset.
The property is located in Stowe within West Pottsgrove Township and is served by the Pottsgrove School District. It also includes outdoor space with a spacious yard and a side porch.
With three separate units in place, the building is positioned as a straightforward residential income asset.
Key Highlights
- Brick, three‑unit investment property in West Pottsgrove Township (Stowe) in the Pottsgrove School District
- Multiple updates including a gas heater approximately 6 years old, replacement windows, and ceiling fans in select units (see disclosure)
- Each unit has its own electric panel for convenience and efficiency for owner and tenants
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 | $52.9k | $19.20 |
| − Vacancy | −$7.7k | −$2.78 |
| EGI | $45.2k | $16.42 |
| − OpEx | −$13.6k | −$4.92 |
| NOI | $31.7k | $11.49 |
2,756 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.4K
$395.9K – $527.8K
NOI $31,670 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$426.9K
$373.6K – $498.1K
NOI $29,884 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$835.6K
$731.1K – $974.9K
NOI $58,491 @ 7.0% cap · market cap 15.40%
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 - Three-unit property with separate electric panels, updated windows, and a newer gas heater, plus a yard and side porch.
Where is this triplex located?
The property is located at 517 GLASGOW Street Pottstown, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Brick, three‑unit investment property in West Pottsgrove Township (Stowe) in the Pottsgrove School District; Multiple updates including a gas heater approximately 6 years old, replacement windows, and ceiling fans in select units (see disclosure); Each unit has its own electric panel for convenience and efficiency for owner and tenants
