Historic Victorian
New
For Sale
$325,000
601-603 MAHANTONGO Street, Pottsville, PA 17901
Multi-Family, POTTSVILLE, PA
Property Size3,672 SF
Lot Size0.13 Acres
Price / SF$88.51
Days on Market1
Property Features for 601-603 MAHANTONGO Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
4
Parking features
Off Street
Subdivision
POTTSVILLE
Elementary school district
POTTSVILLE AREA
Middle school district
POTTSVILLE AREA
High school district
POTTSVILLE AREA
Standard status
Active
Size
3,672 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
3628
Utilities
Heating system
Hot Water(Heating), Electric (Heating), Baseboard
Cooling system
Window Unit(s)
Amenities
formal terraced garden
Building Details
Year built
1836
Number of units
2
Building materials
Wood Siding, Stone
Architectural style
Victorian
Listing Agency:
BHHS Homesale Realty - Schuylkill Haven · Berkshire Hathaway HomeServices
(570) 385-3456
Listed By:
Jennifer Walton · License #RS335023
(570) 691-8239
Added: Sep 8
Last Checked: Sep 8 at 2:06PM
MLS# PASK2029224
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 3,672-square-foot Victorian duplex comprises two separately deeded homes at 601-603 Mahantongo Street. An interior door links the residences, allowing them to function independently or as one combined property. The homes are furnished and currently operate as licensed Airbnb short-term rentals. The property includes five bedrooms in total, three full bathrooms, one half bathroom, formal living and dining areas, two kitchens, a media room, a screened sunroom, and front porches. Wood siding and stone construction date to 1836.
Exterior features include a formal terraced garden and off-street parking for four cars. The property sits one block from Yuengling Brewery and is located along the Lager Jogger route in Pottsville. Heating includes hot water, electric, and baseboard systems, with window-unit cooling. The 0.13-acre site offers a distinctive two-home configuration suited to continued short-term rental operation or separate residential use.
Exterior features include a formal terraced garden and off-street parking for four cars. The property sits one block from Yuengling Brewery and is located along the Lager Jogger route in Pottsville. Heating includes hot water, electric, and baseboard systems, with window-unit cooling. The 0.13-acre site offers a distinctive two-home configuration suited to continued short-term rental operation or separate residential use.
Key Highlights
- Two separately deeded homes connected by an interior doorway
- 3,672 square feet on a 0.13‑acre site
- Five bedrooms, three full bathrooms, and one half bathroom combined
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
$21,630
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
6.66%
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%
$432,600
$432.6K
Cap Rate 7%
$309,000
$309.0K
Cap Rate 9%
$240,333
$240.3K
Market Conditions
NOI Build-Up for 3,672 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
$33.0K $9.00/SF
− Vacancy
−$2.1K −$0.59/SF
EGI
$30.9K $8.42/SF
− OpEx
−$9.3K −$2.52/SF
NOI
$21.6K $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 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%
$432,600
Cap Rate 7%
$309,000
Cap Rate 9%
$240,333
Alternative Uses
Best Use
Multifamily LT 5
$309.0K
$270.4K – $360.5K
NOI $21,630 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$287.0K
$251.1K – $334.8K
NOI $20,090 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$550.8K
$482.0K – $642.6K
NOI $38,556 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
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
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 - Two separately deeded homes can operate independently or connect through an interior doorway.
Where is this duplex located?
The property is located at 601-603 MAHANTONGO Street Pottsville, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two separately deeded homes connected by an interior doorway; 3,672 square feet on a 0.13‑acre site; Five bedrooms, three full bathrooms, and one half bathroom combined
