Two-Unit Duplex with Attached
New
For Sale
$475,000
10 FULTON AVENUE, Telford, PA 18969
An owner-occupied residence and separately accessed apartment share basement access and off-street parking.
Property Size2,172 SF
Price / SF$218.69
Days on Market5
Property Features for 10 FULTON AVENUE
General Information
Standard status
Active
Size
2,172 SF
Property subtype
Duplex
Zoning
duplex
Property Condition
Severity
Repairs Needed
Evidence
opportunity to update
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1984
Buildings
1
Construction
ranch-style
Listing Agency:
RE/MAX Central - Lansdale
(215) 362-2260
Listed By:
Jacqueline Ruiz · License #RS212552L
(610) 764-4676
Source:
Cummingsrealtors
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 23 at 8:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Central - Lansdale
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Investment Insights
Based on property information with market context.
Built in 1984, this duplex has two units on one parcel. The main residence includes three bedrooms, two full baths, a two-car garage, central air, and electric baseboard heat. An attached apartment has a separate entrance, two bedrooms, one full bath, and its own kitchen. Both units can access the full basement, which includes a partitioned area with a separate entrance for the apartment. The property totals 2,172 square feet.
In Telford Borough on the Bucks County side, the property is within the Souderton School District. Shopping and dining are within walking distance, and Routes 309, 476, 63, and 113 provide regional access.
In Telford Borough on the Bucks County side, the property is within the Souderton School District. Shopping and dining are within walking distance, and Routes 309, 476, 63, and 113 provide regional access.
Key Highlights
- Two units on one parcel
- Built in 1984; 2,172 square feet
- Main residence: 3 bedrooms, 2 full baths, and a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,559
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,180
$631.2K
Cap Rate 7%
$450,843
$450.8K
Cap Rate 9%
$350,656
$350.7K
Market Conditions
NOI Build-Up for 2,172 SF
Gross rent
$48.2K $22.20/SF
− Vacancy
−$3.1K −$1.44/SF
EGI
$45.1K $20.76/SF
− OpEx
−$13.5K −$6.23/SF
NOI
$31.6K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,180
Cap Rate 7%
$450,843
Cap Rate 9%
$350,656
Alternative Uses
Best Use
Multifamily LT 5
$450.8K
$394.5K – $526.0K
NOI $31,559 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.1K
NOI $29,344 @ 7.0% cap · market cap 6.18%
Theoretical Best
Specialty Retail
$1.25M
$1.09M – $1.46M
NOI $87,455 @ 7.0% cap · market cap 18.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 18969, PA
15,808
Population
6,324
Households
2.5
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
964
Density / Sq Mi
$103,818
Median Household Income
$53,793
Median Earnings
$1,358
Median Rent
$365,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - An owner-occupied residence and separately accessed apartment share basement access and off-street parking.
Where is this duplex located?
The property is located at 10 FULTON AVENUE Telford, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two units on one parcel; Built in 1984; 2,172 square feet; Main residence: 3 bedrooms, 2 full baths, and a 2‑car garage
