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Duplex with Separate Utilities

10214 BUSTLETON AVENUE Philadelphia, PA 19116

10214 BUSTLETON AVENUE, Philadelphia, PA, 19116
$449,900
For Sale
$449,900

Well-maintained duplex offering two 2-bedroom, 1-bath units with separate utilities and garage parking.

Property Size2,100 SF
Price / SF$214.24
Days on Market8

Property Features for 10214 BUSTLETON AVENUE

General Information

Standard status
Active
Size
2,100 SF
Property subtype
Duplex

Building Details

Year Built
1982
Listing agency Opus Elite Real Estate
Listed by Mark Gatta · License #RM425949
Source Cummingsrealtors
Added: Jul 14 Updated: Jul 20 at 2:23AM Checked: Jul 21 at 3:34AM

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 Opus Elite Real Estate


Investment Insights

Based on property information with market context.

This well-maintained duplex features two separate residential units, each offering 2 bedrooms and 1 bathroom. The property is set up with separate utilities for each unit, which can help simplify ongoing management and expense allocation. Garage parking is also included.

Located at 10214 Bustleton Avenue in Philadelphia, the property is described as being in the Somerton section. The remarks indicate access to major highways, shopping, dining, public transportation, and everyday conveniences.

The duplex is presented as an income-producing investment with long-term tenants already in place, supporting immediate occupancy following closing.

Key Highlights

  • Well‑maintained duplex built in 1982 offering two 2‑bedroom, 1‑bath units
  • Each unit has separate utilities for simpler management and more efficient expense control
  • Long‑term tenants are already in place

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 $54.2k $25.80
− Vacancy −$3.0k −$1.42
EGI $51.2k $24.38
− OpEx −$15.4k −$7.31
NOI $35.8k $17.06
2,100 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$511.9K
$448.0K – $597.3K (±1% cap)
NOI $35,836 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.5K (±1% cap)
NOI $33,032 @ 7.0% cap · market cap 7.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Plumbing Service Computer & Electronic Repair Daycare Center Hair Salon Catering Service Hotel & Motel

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex offering two 2-bedroom, 1-bath units with separate utilities and garage parking.
Where is this duplex located?
The property is located at 10214 BUSTLETON AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Well‑maintained duplex built in 1982 offering two 2‑bedroom, 1‑bath units; Each unit has separate utilities for simpler management and more efficient expense control; Long‑term tenants are already in place
Contact an agent
More about this property
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