3-Unit Residential
New
For Sale
$600,000
904 W BRIDGE STREET, Phoenixville, PA 19460
The vacant property offers refreshed apartments and a detached garage for additional storage or rental use.
Property Size2,754 SF
Price / SF$217.86
Days on Market2
Property Features for 904 W BRIDGE STREET
General Information
Standard status
Active
Size
2,754 SF
Total Parking Spaces
2
Property subtype
Triplex
Units
Unit Mix
2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Building Details
Year Built
1900
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 10
Last Checked: Oct 10 at 2:41AM
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.
This 2,754-square-foot triplex contains three refreshed apartments: two one-bedroom, one-bath units and one two-bedroom, one-bath unit. All three apartments are vacant. The property also includes a detached two-car garage and was built in 1900.
Located at 904 W Bridge Street in Phoenixville, the property has access to downtown, shopping, dining, entertainment and major roadways.
Located at 904 W Bridge Street in Phoenixville, the property has access to downtown, shopping, dining, entertainment and major roadways.
Key Highlights
- Three vacant apartments: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
- 2,754 square feet; built in 1900
- Detached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,647
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,940
$632.9K
Cap Rate 7%
$452,100
$452.1K
Cap Rate 9%
$351,633
$351.6K
Market Conditions
NOI Build-Up for 2,754 SF
Gross rent
$52.9K $19.20/SF
− Vacancy
−$7.7K −$2.78/SF
EGI
$45.2K $16.42/SF
− OpEx
−$13.6K −$4.92/SF
NOI
$31.6K $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 Rate 5%
$632,940
Cap Rate 7%
$452,100
Cap Rate 9%
$351,633
Alternative Uses
Best Use
Multifamily LT 5
$452.1K
$395.6K – $527.5K
NOI $31,647 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$426.6K
$373.3K – $497.7K
NOI $29,863 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$835.0K
$730.6K – $974.2K
NOI $58,449 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 19460, PA
43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - The vacant property offers refreshed apartments and a detached garage for additional storage or rental use.
Where is this triplex located?
The property is located at 904 W BRIDGE STREET Phoenixville, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Three vacant apartments: two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; 2,754 square feet; built in 1900; Detached 2‑car garage
