Duplex Residential Income Property

15 ALICIA Court Glenolden, PA 19036

Claim this Listing
New
For Sale
$279,900

MULTI_FAMILY - Other - GLENOLDEN, PA

Property size:
1,600 SF
Lot size:
0.08 Acres
Price / SF:
$174/SF
Added:
Jul 11, 2026
Days on Market:
2
Last Refresh:
Jul 12 at 2:06 am

Property Features for 15 ALICIA Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
4
Parking features
Driveway
Appliances
Dishwasher, Dryer, Refrigerator, Stove
Standard status
Active
Size
1,600 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
6109

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1970
Number of units
1
Building materials
Frame, Masonry
Architectural style
Other

Listing agent Paul G Mazzochetti License #AB067797

Listing office Coldwell Banker Realty 1100 E Hector Street unit: 250, Plymouth Meeting, PA

Listing date Jul 11, 2026

MLS# PADE2119252 Listing URL

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.

This duplex offers two identical residential units, each featuring two bedrooms, a bath, an eat-in kitchen, and a living room. Kitchens include a gas stove, dishwasher, and refrigerator. Each unit has its own gas boiler and water heater, and there are separate washers and dryers located in the basement. The basement also provides common storage. The rear property ends before the storage shed, and the shed is not part of the duplex property.

The property includes four parking spaces, with two stacked spaces allocated for each unit. Both units are currently vacant, providing flexibility for an owner-occupant scenario.

Built and configured as a true duplex, the arrangement supports separate utility responsibility for tenants, while the owner pays insurance, maintenance, and lawn/snow removal as described in the remarks.

Key Highlights

  • Affordable multi‑family duplex built in 1970 with two identical units
  • Each unit offers 2 bedrooms, 1 bath, eat‑in kitchen, and living room
  • Kitchens include gas stove, dishwasher, and refrigerator

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 $28.8k $18.00
− Vacancy −$3.7k −$2.34
EGI $25.1k $15.66
− OpEx −$7.5k −$4.70
NOI $17.5k $10.96
1,600 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$250.5K
$219.2K – $292.3K (±1% cap)
NOI $17,537 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$229.1K
$200.5K – $267.3K (±1% cap)
NOI $16,039 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$485.1K
$424.5K – $566.0K (±1% cap)
NOI $33,957 @ 7.0% cap · market cap 12.13%
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

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Spa & Massage Center Restaurant Skin Care Clinic Cafe & Coffee Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two identical two-bedroom units each with an eat-in kitchen, living room, and separate washer and dryer in the basement.
Where is this duplex located?
The property is located at 15 ALICIA Court Glenolden, PA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Affordable multi‑family duplex built in 1970 with two identical units; Each unit offers 2 bedrooms, 1 bath, eat‑in kitchen, and living room; Kitchens include gas stove, dishwasher, and refrigerator
Contact an agent
More about this property
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