Two-Unit Income
28 S ROBERTS Avenue New Holland, PA 17557
28 S ROBERTS Avenue, New Holland, PA, 17557
$299,900
For Sale
$299,900
MULTI_FAMILY - Other - NEW HOLLAND, PA
Property Size1,616 SF
Lot Size0.11 Acres
Price / SF$185.58
Days on Market31
Property Features for 28 S ROBERTS Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 3
- Parking features
- Off Street, Garage - Detached, On Street
- Standard status
- Active
- Size
- 1,616 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2851
Utilities
- Heating system
- Baseboard, Electric (Heating), Forced Air
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Asbestos
- Architectural style
- Other
Listing Agency
Hostetter Realty LLC
(717) 354-6416
321 E Main Street, NEW HOLLAND, PA
Listed by
Jacob Beiler · License #RS373503
(717) 940-7333
Added: Jun 18 Checked: Jul 18 at 2:06 am
MLS# PALA2090460
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 two-unit income duplex offers a flexible rental configuration. The first-floor unit is a 2-bedroom apartment. The second floor consists of three individual room rentals that share a kitchen and bathroom, providing multiple tenant opportunities within the same upper level. A large detached garage is also included and is rented separately.
Located in New Holland, Pennsylvania at 28 S Roberts Avenue, the property sits on approximately 0.11 acres and totals about 1,616 square feet. The current setup is fully rented, with the owner reporting monthly income of over $2,800 with everything leased.
Designed for investors seeking an owner-operated style structure, this property combines a traditional apartment layout with shared-facility room rentals. The separate detached garage adds an additional income component beyond the two main units. With the duplex currently generating income from multiple sources as described, it may fit buyers looking for a straightforward residential income property with a contained, easy-to-manage on-site footprint.
Located in New Holland, Pennsylvania at 28 S Roberts Avenue, the property sits on approximately 0.11 acres and totals about 1,616 square feet. The current setup is fully rented, with the owner reporting monthly income of over $2,800 with everything leased.
Designed for investors seeking an owner-operated style structure, this property combines a traditional apartment layout with shared-facility room rentals. The separate detached garage adds an additional income component beyond the two main units. With the duplex currently generating income from multiple sources as described, it may fit buyers looking for a straightforward residential income property with a contained, easy-to-manage on-site footprint.
Key Highlights
- 2‑unit investment property in New Holland with income from 5 sources
- First‑floor unit is a 2‑bedroom apartment; second‑floor unit offers 3 individual room rentals sharing a kitchen and bathroom
- Detached garage included and rented for $150 per month
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 | $26.2k | $16.20 |
| − Vacancy | −$393 | −$0.24 |
| EGI | $25.8k | $15.96 |
| − OpEx | −$7.7k | −$4.79 |
| NOI | $18.1k | $11.17 |
1,616 SF · lease $16.20/SF/yr · vacancy 1.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$257.9K
$225.6K – $300.9K
NOI $18,051 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$227.4K
$199.0K – $265.3K
NOI $15,918 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$541.5K
$473.8K – $631.8K
NOI $37,907 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit property with a detached garage and mixed apartment/room-rental layout generating multiple monthly income streams.
Where is this duplex located?
The property is located at 28 S ROBERTS Avenue New Holland, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2‑unit investment property in New Holland with income from 5 sources; First‑floor unit is a 2‑bedroom apartment; second‑floor unit offers 3 individual room rentals sharing a kitchen and bathroom; Detached garage included and rented for $150 per month
