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271 & 273 SHIRLEY DRIVE, Harleysville, PA, 19438
Duplex with Custom Two-Bay Garage

271 & 273 SHIRLEY DRIVE Harleysville, PA 19438

For Sale
$500,000
Pending

MULTI_FAMILY - HARLEYSVILLE, PA

Property Size2,904 SF
Days on Market237

Property Features for 271 & 273 SHIRLEY DRIVE

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Standard status
Pending
Size
2,904 SF

Building Details

Year built
1983
Listing Agency: BHHS Fox & Roach Collegeville
Listed By: Terry Derstine
Added: Nov 28, 2025 Changed: Jul 23 Last Checked: Jul 23 at 3:06PM
MLS# PAMC2154704

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 includes two expanded residential units that each offer three bedrooms, two full baths, a large eat-in kitchen, and a living room. The owners added space to each unit, adding approximately 660 square feet per floor. Both units feature in-unit stackable laundry, and the second floor includes a drop-down attic staircase for additional storage. Each unit also has separate access to the basement.

The property also features a custom-built 22' x 23' two-bay garage with a full second floor. The driveway has been widened to provide parking, and the garage configuration may support separate use or rental depending on how the space is managed.

Located in Harleysville, PA (Montgomery County), this is a single duplex asset with dedicated unit access and an attached garage structure designed for flexible space planning.

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 $64.5k $22.20
− Vacancy −$4.2k −$1.44
EGI $60.3k $20.76
− OpEx −$18.1k −$6.23
NOI $42.2k $14.53
2,904 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$602.8K
$527.4K – $703.3K (±1% cap)
NOI $42,195 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$560.5K
$490.4K – $653.9K (±1% cap)
NOI $39,234 @ 7.0% cap · market cap 7.85%
Theoretical Best
Specialty Retail
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $116,929 @ 7.0% cap · market cap 23.39%
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

Parking Lot & Garage Bakery Grocery & Convenience Store Hair Salon Garden Center Cafe & Coffee Shop Carpet & Flooring Store Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex features expanded units with three bedrooms, two full baths, in-unit stackable laundry, plus a two-bay garage with second floor.
Where is this duplex located?
The property is located at 271 & 273 SHIRLEY DRIVE Harleysville, PA.
What is the asking price?
The asking price for this property is $500,000.
More about this property
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