Three-Unit Residential Income
1006 Maple Avenue Sharon Hill, PA 19079
1006 Maple Avenue, Sharon Hill, PA, 19079
$329,900
For Sale
$329,900
Income property includes three units in the main house plus a separate garage unit with legality unverified.
Property Size2,603 SF
Price / SF$126.74
Days on Market84
Property Features for 1006 Maple Avenue
General Information
- Standard status
- Active
- Size
- 2,603 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1940
Listing agency
Penn One Realty
(610) 707-1500
Listed by
James Gallagher · License #RS327085
(610) 707-1500
Source
Compass
Added: Apr 29 Updated: Jul 21 at 1:14AM Checked: Jul 21 at 8:39AM
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 Penn One Realty
Investment Insights
Based on property information with market context.
This residential income property features three rental units within the main house, including a first-floor two-bedroom, one-bath layout, a second-floor one-bedroom, one-bath, and a third-floor two-bedroom, one-bath. A fourth unit is described as located in the garage, though its legality is not known.
The property was fully updated in the past; however, it still has some deferred maintenance. It is located on a quiet street near local schools and parks.
Overall, the building presents a multi-unit configuration with four described units, subject to confirmation of the garage unit’s legal status.
The property was fully updated in the past; however, it still has some deferred maintenance. It is located on a quiet street near local schools and parks.
Overall, the building presents a multi-unit configuration with four described units, subject to confirmation of the garage unit’s legal status.
Key Highlights
- Income property with 3 rental units in the main house: 2BR/1BA (1st floor), 1BR/1BA (2nd floor), and 2BR/1BA (3rd floor).
- Includes a 4th unit in the garage; the legality of this garage unit is unknown/unverified.
- Year built: 1940.
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 | $46.9k | $18.00 |
| − Vacancy | −$6.1k | −$2.34 |
| EGI | $40.8k | $15.66 |
| − OpEx | −$12.2k | −$4.70 |
| NOI | $28.5k | $10.96 |
2,603 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.6K
$356.6K – $475.5K
NOI $28,531 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$372.8K
$326.2K – $434.9K
NOI $26,094 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$789.2K
$690.6K – $920.7K
NOI $55,244 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Income property includes three units in the main house plus a separate garage unit with legality unverified.
Where is this triplex located?
The property is located at 1006 Maple Avenue Sharon Hill, PA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Income property with 3 rental units in the main house: 2BR/1BA (1st floor), 1BR/1BA (2nd floor), and 2BR/1BA (3rd floor).; Includes a 4th unit in the garage; the legality of this garage unit is unknown/unverified.; Year built: 1940.
