Three-Unit Residential Income
701 W MARKET Street Pottsville, PA 17901
701 W MARKET Street, Pottsville, PA, 17901
$274,900
For Sale
$274,900
MULTI_FAMILY - POTTSVILLE, PA
Property Size4,000 SF
Lot Size0.08 Acres
Price / SF$68.73
Days on Market674
Property Features for 701 W MARKET Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot, Off Street, On Street
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1841
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1900
- Number of units
- 3
Listing agency
Ramus Realty Group
(570) 622-6006
Listed by
William Primeau · License #RS337743
(570) 728-0186
Added: Sep 17, 2024 Updated: Jul 13 at 10:36AM Checked: Jul 22 at 9:06AM
MLS# PASK2017660
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 three-unit residential income building includes a front commercial area with multiple rooms and one bathroom, plus two apartments in the rear. The rear units consist of a 3-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment.
The building is heated with both gas and electric. Two of the three units are currently tenant occupied. The property is being sold as-is, and the sale is cash-only.
Situated on a small lot, the property totals about 4,000 square feet.
The building is heated with both gas and electric. Two of the three units are currently tenant occupied. The property is being sold as-is, and the sale is cash-only.
Situated on a small lot, the property totals about 4,000 square feet.
Key Highlights
- 3‑unit building in Pottsville with a mix of commercial and residential space
- Front portion includes multi‑room, 1‑bath commercial space
- Rear apartments include one 3‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
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 | $36.0k | $9.00 |
| − Vacancy | −$2.3k | −$0.59 |
| EGI | $33.7k | $8.42 |
| − OpEx | −$10.1k | −$2.52 |
| NOI | $23.6k | $5.89 |
4,000 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$336.6K
$294.5K – $392.7K
NOI $23,562 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$312.6K
$273.6K – $364.8K
NOI $21,885 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$600.0K
$525.0K – $700.0K
NOI $42,000 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - This three-unit building includes a front multi-room, 1-bath commercial space and two rear apartments with 3 and 2 bedrooms.
Where is this triplex located?
The property is located at 701 W MARKET Street Pottsville, PA.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: 3‑unit building in Pottsville with a mix of commercial and residential space; Front portion includes multi‑room, 1‑bath commercial space; Rear apartments include one 3‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
