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1930 Duplex with Heated Wood Shop

1441 W ORVILLA Road Hatfield, PA 19440

New
1441 W ORVILLA Road, Hatfield, PA, 19440
$450,000
For Sale
$450,000

MULTI_FAMILY - Other - HATFIELD, PA

Property Size1,701 SF
Lot Size0.68 Acres
Price / SF$264.55
Days on Market1

Property Features for 1441 W ORVILLA Road

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway
Standard status
Active
Size
1,701 SF
Lot size
0.68 Acres

Taxes and HOA fees

Tax Annual Amount
4910

Utilities

Heating system
Heat Pump (Heating), Natural Gas, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1930
Number of units
2
Building materials
Vinyl Siding
Architectural style
Other
Listing agency Iron Valley Real Estate Doylestown
Listed by Deana Herbert · License #RS329533
Added: Jul 23 Checked: Jul 23 at 10:06AM
MLS# PAMC2188648

Copyright © 2026 Bright MLS. 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.

Built in 1930, this Old Colonial duplex offers two turnkey residential units with in-unit washer/dryer hookups. The first-floor unit is configured as a 2 bed/2 bath home with gas heat and central air. The second-floor unit is a 2 bed/1 bath with electric heat pump and includes the washer and dryer. Recent improvements include vinyl siding and new windows installed in 2003, with a second-floor renovation completed in 2020.

The property is served by a private well and public sewer. A heated wood shop sits on the rear portion of the lot and is approximately 560 square feet, with 240V/120V power and a ventilated paint booth. Additional amenities include a PTAC unit and a propane tank that is not hooked up. A private sub-meter measures electricity in the wood shop associated with the first-floor unit, and security cameras are present in the wood shop.

Outbuildings include a 12x14 shed. The first-floor unit is on a month-to-month arrangement, while the second-floor unit is leased through September 2026. Access is via W Orvilla Road in Hatfield, PA, with proximity described as quick to Route 309 and the Northeast Extension.

Key Highlights

  • 1930 Old Colonial duplex with vinyl siding, new windows (2003), and a second‑floor renovation (2020)
  • Two 2‑bedroom units: first floor 2 bed/2 bath and second floor 2 bed/1 bath
  • First‑floor unit has gas heat and central air; second‑floor unit uses an electric heat pump; both units include washer/dryer hookups (dryer and washer included in 2nd floor)

Local Financial Insights For Multifamily LT 5

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 $37.8k $22.20
− Vacancy −$2.5k −$1.44
EGI $35.3k $20.76
− OpEx −$10.6k −$6.23
NOI $24.7k $14.53
1,701 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$353.1K
$308.9K – $411.9K (±1% cap)
NOI $24,715 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$328.3K
$287.3K – $383.0K (±1% cap)
NOI $22,981 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$978.4K
$856.1K – $1.14M (±1% cap)
NOI $68,490 @ 7.0% cap · market cap 15.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon Skin Care Clinic Accounting Firm Auto Parts Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - 1930s duplex with two-bedroom units, in-unit washer/dryer hookups, and a separate heated wood shop.
Where is this duplex located?
The property is located at 1441 W ORVILLA Road Hatfield, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1930 Old Colonial duplex with vinyl siding, new windows (2003), and a second‑floor renovation (2020); Two 2‑bedroom units: first floor 2 bed/2 bath and second floor 2 bed/1 bath; First‑floor unit has gas heat and central air; second‑floor unit uses an electric heat pump; both units include washer/dryer hookups (dryer and washer included in 2nd floor)
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