Description
One of a kind investment opportunity. The is an apartment complex located in the historic district of Pottstown.
The building has been recently renovated and is current unoccupied. The following financials detail the potential this building has!
Two (2) 1BR/1Bath apartments.
One (1) efficiency.
Six (6) single rooms.
Two (2) double car garages.
We own the driveway. The owner of the building next door pays us yearly for an easement.
Inside redone a few months ago. Painted, new LVT floor, etc.
There are six (6) heat pumps that provide heat/cooling. They are less than (10) years old.
Income
Each 1BR rents for $1,572 (section 8). $18,864 annually
The efficiency rents for $1,428 (section 8). $17,136 annually
Each single room rents for $750 (self-pay). $54,000 annually
Each garage rents for $200. ($4,800 annually)
Easement rents for $400 per year. ($400 annually)
Total Annual Revenue = $95,200
Expenses (water, electric, taxes, trash)
Water, sewer, trash (approximately $12,000 annually)
Electric for heat and air condition (approximately $8,000 annually)
Taxes are $5,400 annually
Total Annual Expenses = $25,400
NOI = $69,800
Cap rate is 12%
Location
Listed By
Similar Listings
MLS# PAPH2571492
ACTIVE
$620,000
Listing Office: 20/20 Real Estate - Bensalem
MLS# PAPH2571092
ACTIVE
$620,000
Listing Office: Better Homes Realty Group
MLS# PAPH2291510
CONTRACT
$620,000
Listing Office: LPT Realty, LLC
MLS# DEKT2004852
PENDING
$620,000
Listing Office: Burns & Ellis Realtors
MLS# PABK2070498
ACTIVE
$615,000
Listing Office: Iron Valley Real Estate of Berks
MLS# PACT2102462
ACTIVE
$610,000
Listing Office: Springer Realty Group
MLS# NJCD2111936
ACTIVE
$610,000
Listing Office: BHHS Fox & Roach-Marlton
MLS# PAPH2587168
PENDING
$609,000
Listing Office: BY Real Estate
MLS# PAYK2093358
PENDING
$605,000
Listing Office: Berkshire Hathaway HomeServices Homesale Realty
MLS# PAPH2575830
ACTIVE
$605,000
Listing Office: Keller Williams Real Estate Tri-County
MLS# PAPH2572564
CONTRACT
$600,000
Listing Office: Keller Williams Real Estate - Media
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 17th April, 2026 7:05 AM (UTC)
Listing Agent: Chris Andrew Napoli
Listing Office: Carr Real Estate Company
Attribution contact:
