Duplex with Detached
New
For Sale
$375,000
9 W 3RD STREET, Pottstown, PA 19464
The two residences have different occupancy status, and the rear garage is separately rented for storage.
Property Size2,088 SF
Price / SF$179.60
Days on Market5
Property Features for 9 W 3RD STREET
General Information
Standard status
Active
Size
2,088 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Building Details
Year Built
1925
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Janel L Loughin · License #RS324425
(484) 352-3482
Source:
Cummingsrealtors
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 12 at 6:59PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
Built in 1925, this 2,088-square-foot duplex contains two residences: one with 2 bedrooms and 1 bathroom, and another with 3 bedrooms and 1 bathroom. The first unit is vacant; the second is occupied. A detached garage at the rear is rented separately for storage, adding a nonresidential rental component to the property.
The property is located in Pottstown, Pennsylvania.
The property is located in Pottstown, Pennsylvania.
Key Highlights
- 2,088‑square‑foot duplex built in 1925
- Two residences: one with 2 bedrooms and 1 bathroom; the other with 3 bedrooms and 1 bathroom
- One residence is vacant and the other is occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,338
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,760
$606.8K
Cap Rate 7%
$433,400
$433.4K
Cap Rate 9%
$337,089
$337.1K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$46.4K $22.20/SF
− Vacancy
−$3.0K −$1.44/SF
EGI
$43.3K $20.76/SF
− OpEx
−$13.0K −$6.23/SF
NOI
$30.3K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,760
Cap Rate 7%
$433,400
Cap Rate 9%
$337,089
Alternative Uses
Best Use
Multifamily LT 5
$433.4K
$379.2K – $505.6K
NOI $30,338 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$403.0K
$352.6K – $470.2K
NOI $28,210 @ 7.0% cap · market cap 7.52%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,073 @ 7.0% cap · market cap 22.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,066
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
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
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Frequently Asked Questions
What type of property is this?
Duplex - The two residences have different occupancy status, and the rear garage is separately rented for storage.
Where is this duplex located?
The property is located at 9 W 3RD STREET Pottstown, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,088‑square‑foot duplex built in 1925; Two residences: one with 2 bedrooms and 1 bathroom; the other with 3 bedrooms and 1 bathroom; One residence is vacant and the other is occupied
