Two-Unit Duplex with Separate
For Sale
$409,500
10001 BRIDLE ROAD, Philadelphia, PA 19116
Two residential units offer distinct layouts, individual utilities, and shared lower-level laundry access.
Property Size1,440 SF
Days on Market62
Property Features for 10001 BRIDLE ROAD
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Duplex
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$5,046
Amenities
laundry area
Building Details
Building Size
1,440 SF
Year Built
1966
Stories
2
Tenancy
Multi
Listing Agency:
High Lite Realty LLC
(267) 304-9609
Listed By:
Anthony Dean · License #RS307688
(267) 304-9609
Source:
Lizclarkrealestate
Added: Jun 4
Changed: Aug 3
Last Checked: Aug 3 at 7:56AM
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 High Lite Realty LLC
Investment Insights
Based on property information with market context.
Built in 1966, this corner duplex includes two residential units with separate utility service. The first-floor apartment has one bedroom and one full bathroom, while the second-floor apartment provides two bedrooms and one full bathroom. Both units include living rooms, kitchens, hall bathrooms, and storage areas.
Residents share access to a laundry area on the lower level. The upper unit has central air, while the first-floor unit uses a window air-conditioning unit. The property is occupied by long-term tenants, with one tenant on each floor. A transferable AHS home warranty is also included.
Residents share access to a laundry area on the lower level. The upper unit has central air, while the first-floor unit uses a window air-conditioning unit. The property is occupied by long-term tenants, with one tenant on each floor. A transferable AHS home warranty is also included.
Key Highlights
- Two‑unit corner duplex with one apartment on each floor
- First floor: 1 bedroom and 1 full bathroom; second floor: 2 bedrooms and 1 full bathroom
- Separate utilities serve each unit
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 | $37.2k | $25.80 |
| − Vacancy | −$2.0k | −$1.42 |
| EGI | $35.1k | $24.38 |
| − OpEx | −$10.5k | −$7.31 |
| NOI | $24.6k | $17.06 |
1,440 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$351.0K
$307.2K – $409.6K
NOI $24,573 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 5.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct layouts, individual utilities, and shared lower-level laundry access.
Where is this duplex located?
The property is located at 10001 BRIDLE ROAD Philadelphia, PA.
What is the asking price?
The asking price for this property is $409,500.
What are key features of this property?
This property features: Two‑unit corner duplex with one apartment on each floor; First floor: 1 bedroom and 1 full bathroom; second floor: 2 bedrooms and 1 full bathroom; Separate utilities serve each unit
