3-Unit Mixed-Use
For Sale
$274,900
701 W MARKET Street, Pottsville, PA 17901
Multi-Family, POTTSVILLE, PA
Property Size4,000 SF
Lot Size0.08 Acres
Price / SF$68.73
Days on Market760
Property Features for 701 W MARKET Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street, Off Street, Parking Lot
Elementary school district
POTTSVILLE AREA
Middle school district
POTTSVILLE AREA
High school district
POTTSVILLE AREA
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
Changed: Oct 15
Last Checked: Oct 16 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This 4,000-square-foot building contains a multi-room commercial space with one bathroom at the front and two apartments at the rear. The apartments have three bedrooms and one bathroom, and two bedrooms and one bathroom, respectively. Gas and electric heat serve the property, which was built in 1900 and occupies a 0.08-acre lot.
Two of the three units are tenant occupied. Parking features include a parking lot, off-street parking, and on-street parking. The property is offered as-is, with cash sales only.
Two of the three units are tenant occupied. Parking features include a parking lot, off-street parking, and on-street parking. The property is offered as-is, with cash sales only.
Key Highlights
- Three‑unit property with a front commercial space and two rear apartments
- 4,000 square feet on a 0.08‑acre lot
- Two of the three units are tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,885
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,700
$437.7K
Cap Rate 7%
$312,643
$312.6K
Cap Rate 9%
$243,167
$243.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$42.2K $10.56/SF
− Vacancy
−$2.4K −$0.61/SF
EGI
$39.8K $9.95/SF
− OpEx
−$17.9K −$4.48/SF
NOI
$21.9K $5.47/SF
Area
Schuylkill County, PA
Vacancy
5.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,700
Cap Rate 7%
$312,643
Cap Rate 9%
$243,167
Alternative Uses
Best Use
Retail
$408.1K
$357.1K – $476.1K
NOI $28,568 @ 7.0% cap · market cap 10.39%
Second Best
Mixed Use
$394.3K
$345.0K – $460.0K
NOI $27,600 @ 7.0% cap · market cap 10.04%
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 authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - One commercial space and two apartments create a combined commercial and residential layout; two units are tenant occupied.
Where is this mixed-use property 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: Three‑unit property with a front commercial space and two rear apartments; 4,000 square feet on a 0.08‑acre lot; Two of the three units are tenant occupied
