Triplex with Large Tenant
719 West Market Street Pottsville, PA 17901
719 West Market Street, Pottsville, PA, 17901
$235,000
For Sale
$235,000
Fully occupied triplex with spacious units, in-unit laundry on the first floor, and a large yard area for tenants.
Property Size3,149 SF
Price / SF$74.63
Days on Market90
Property Features for 719 West Market Street
General Information
- Standard status
- Active
- Size
- 3,149 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agency
RE/MAX Five Star Realty
(570) 573-8604
Listed by
Amy L Johnson · License #RM425997
(570) 573-8604
Source
Compass
Added: Apr 25 Updated: Jul 22 at 4:01AM Checked: Jul 22 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Five Star Realty
Investment Insights
Based on property information with market context.
This well-maintained triplex is fully occupied and suited for an income-focused buyer. The property offers spacious units, with the first-floor unit including in-apt laundry and gas heat in addition to electric baseboard heat. The second- and third-floor units are also leased, with current lease-end dates through 5/31/26 and 8/24/26, respectively. The owner currently pays for water, sewer, and trash, while tenants pay for electricity.
Per the current rent roll, the first floor rents for $850 per month on a month-to-month basis, the second floor rents for $825 per month with a lease scheduled through 5/31/26, and the third floor rents for $850 per month with a lease scheduled through 8/24/26. The property also includes four 100-amp electric boxes. The listing is sold as-is, with current taxes noted as estimated.
Per the current rent roll, the first floor rents for $850 per month on a month-to-month basis, the second floor rents for $825 per month with a lease scheduled through 5/31/26, and the third floor rents for $850 per month with a lease scheduled through 8/24/26. The property also includes four 100-amp electric boxes. The listing is sold as-is, with current taxes noted as estimated.
Key Highlights
- Fully occupied 3‑story triplex with MTM and in‑place leases through 5/31/26 and 8/24/26
- Rents: 1st floor $850/mo (MTM, 5‑year tenure), 2nd floor $825/mo (through 5/31/26), 3rd floor $850/mo (through 8/24/26)
- Tenant utility split: owner pays water, sewer, and trash; tenants pay electric
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 | $28.3k | $9.00 |
| − Vacancy | −$1.8k | −$0.59 |
| EGI | $26.5k | $8.42 |
| − OpEx | −$7.9k | −$2.52 |
| NOI | $18.5k | $5.89 |
3,149 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.0K
$231.9K – $309.2K
NOI $18,549 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$246.1K
$215.4K – $287.2K
NOI $17,229 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$472.4K
$413.3K – $551.1K
NOI $33,065 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Fully occupied triplex with spacious units, in-unit laundry on the first floor, and a large yard area for tenants.
Where is this triplex located?
The property is located at 719 West Market Street Pottsville, PA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Fully occupied 3‑story triplex with MTM and in‑place leases through 5/31/26 and 8/24/26; Rents: 1st floor $850/mo (MTM, 5‑year tenure), 2nd floor $825/mo (through 5/31/26), 3rd floor $850/mo (through 8/24/26); Tenant utility split: owner pays water, sewer, and trash; tenants pay electric
