Twin Duplex Home with Detached
For Sale
$240,000
Pending
723 N CHARLOTTE STREET, Pottstown, PA 19464
SINGLE_FAMILY - POTTSTOWN, PA
Property Size1,577 SF
Days on Market72
Property Features for 723 N CHARLOTTE STREET
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3
Subdivision
NONE AVAILABLE
Elementary school
FRANKLIN
Middle school
POTTSTOWN
High school
POTTSTOWN
Standard status
Pending
Size
1,577 SF
Building Details
Year built
1900
Listing Agency:
BHHS Fox & Roach Collegeville · Berkshire Hathaway HomeServices
(610) 831-5300
Listed By:
Rachel McHugh
(610) 850-2024
Added: Jun 3
Changed: Aug 2
Last Checked: Aug 13 at 10:06AM
MLS# PAMC2181640
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
Move right into this well-maintained four-bedroom, one-bath twin home configured with a separate living room, dining room, and kitchen on the main level. The layout offers flexible space for everyday living and entertaining, supported by four generously sized bedrooms for guests, a home office, or hobby use. At approximately 1,577 square feet, the home is also built with a fully fenced backyard, including a side patio off the basement exit area.
Recent improvements include a new roof in 2025, replacement windows in 2023, a waterproofed basement in 2023, a garage door in 2024, upgraded flooring, and a vinyl privacy fence installed in 2024. The front porch features replaced wood decking in 2019. A shed with electric service located just off the basement exit adds storage or workspace options, and the detached garage provides additional convenience.
Two rear off-street parking spaces add valuable daily use flexibility. Showings are available starting June 12, with easy access to nearby parks and Route 422 for commuting.
Recent improvements include a new roof in 2025, replacement windows in 2023, a waterproofed basement in 2023, a garage door in 2024, upgraded flooring, and a vinyl privacy fence installed in 2024. The front porch features replaced wood decking in 2019. A shed with electric service located just off the basement exit adds storage or workspace options, and the detached garage provides additional convenience.
Two rear off-street parking spaces add valuable daily use flexibility. Showings are available starting June 12, with easy access to nearby parks and Route 422 for commuting.
Key Highlights
- Approx. 1,577 SF twin home with four bedrooms and one bath
- New roof in 2025; replacement windows in 2023; waterproofed basement in 2023
- Vinyl privacy fence installed in 2024 and front porch decking replaced in 2019
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
$18,122
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
7.55%
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%
$362,440
$362.4K
Cap Rate 7%
$258,886
$258.9K
Cap Rate 9%
$201,356
$201.4K
Market Conditions
NOI Build-Up for 1,577 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
$30.3K $19.20/SF
− Vacancy
−$4.4K −$2.78/SF
EGI
$25.9K $16.42/SF
− OpEx
−$7.8K −$4.92/SF
NOI
$18.1K $11.49/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$19.20 /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%
$362,440
Cap Rate 7%
$258,886
Cap Rate 9%
$201,356
Alternative Uses
Best Use
Multifamily LT 5
$258.9K
$226.5K – $302.0K
NOI $18,122 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$244.3K
$213.8K – $285.0K
NOI $17,100 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$478.1K
$418.4K – $557.8K
NOI $33,469 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
Explore this area
Business Placement
Demographics for 19464, PA
48,409
Population
19,985
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
25.6 sq mi
ZIP Area
1,891
Density / Sq Mi
$76,338
Median Household Income
$44,888
Median Earnings
$1,226
Median Rent
$231,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom, one-bath twin home with updates including a new roof in 2025 and replacement windows in 2023.
Where is this duplex located?
The property is located at 723 N CHARLOTTE STREET Pottstown, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Approx. 1,577 SF twin home with four bedrooms and one bath; New roof in 2025; replacement windows in 2023; waterproofed basement in 2023; Vinyl privacy fence installed in 2024 and front porch decking replaced in 2019
