Restored Duplex with Detached
950 North Charlotte Street Pottstown, PA 19464
For Sale
$415,000
Pending
Restored two-unit duplex includes off-street parking, a detached two-car garage, and separate utilities for each unit.
Property Size3,352 SF
Days on Market29
Property Features for 950 North Charlotte Street
General Information
- Standard status
- Pending
- Size
- 3,352 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
RE/MAX Professional Realty
(484) 354-9062
Listed By:
Lisa Light · License #RS342275
(484) 354-9062
Source:
Compass
Added: Jun 25
Changed: Jul 21
Last Checked: Jul 23 at 6:49AM
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 Professional Realty
Investment Insights
Based on property information with market context.
This restored duplex offers two separate residential units with multiple finished living areas and updated interiors. The first-floor unit features two bedrooms, an updated kitchen with granite countertops and stainless steel appliances, a dining room, a full bathroom, and an expansive living room with a wood-burning fireplace. Hardwood floors and fresh paint run throughout, and the property also includes an oversized covered front porch.
The second-floor unit has three bedrooms, an updated kitchen with granite countertops and all-new appliances, a separate dining room, and a spacious family room. A finished third-floor space adds flexibility and could be used as an additional bedroom, home office, or bonus living area, with hardwood floors and fresh paint continuing in this unit.
Outside, the property includes a level side and rear yard, an expanded driveway for off-street parking, and a detached two-car garage with one dedicated bay for each unit. Additional operational improvements include a recent conversion from oil to natural gas, newer gas boilers, and basement laundry hookups with two sets of washers and dryers.
The second-floor unit has three bedrooms, an updated kitchen with granite countertops and all-new appliances, a separate dining room, and a spacious family room. A finished third-floor space adds flexibility and could be used as an additional bedroom, home office, or bonus living area, with hardwood floors and fresh paint continuing in this unit.
Outside, the property includes a level side and rear yard, an expanded driveway for off-street parking, and a detached two-car garage with one dedicated bay for each unit. Additional operational improvements include a recent conversion from oil to natural gas, newer gas boilers, and basement laundry hookups with two sets of washers and dryers.
Key Highlights
- Restored duplex with 2 units plus a finished third‑floor space for added bedroom, office, or bonus living area
- First‑floor unit: 2 bedrooms, updated kitchen with granite countertops and stainless steel appliances, dining room, large full bath, expansive living room with wood‑burning fireplace
- Second‑floor unit: 3 bedrooms, updated kitchen with granite countertops and all‑new appliances, spacious family room, separate dining room
Financial Insights For Apartment 5plus
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 | $71.6k | $21.36 |
| − Vacancy | −$5.5k | −$1.64 |
| EGI | $66.1k | $19.72 |
| − OpEx | −$29.7k | −$8.87 |
| NOI | $36.3k | $10.84 |
3,352 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$550.3K
$481.5K – $642.0K
NOI $38,519 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$519.2K
$454.3K – $605.8K
NOI $36,347 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$1.02M
$889.3K – $1.19M
NOI $71,140 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Restored two-unit duplex includes off-street parking, a detached two-car garage, and separate utilities for each unit.
Where is this duplex located?
The property is located at 950 North Charlotte Street Pottstown, PA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Restored duplex with 2 units plus a finished third‑floor space for added bedroom, office, or bonus living area; First‑floor unit: 2 bedrooms, updated kitchen with granite countertops and stainless steel appliances, dining room, large full bath, expansive living room with wood‑burning fireplace; Second‑floor unit: 3 bedrooms, updated kitchen with granite countertops and all‑new appliances, spacious family room, separate dining room
