Building Details

Year Built 1940

Tenancy Multi

Listing Agency: United Real Estate Strive 212 k***@gmail.com Show Phone

Listed By: Karina Castillo · License #RS345079 Show Phone

Source: Cummingsrealtors

Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 6:02AM

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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 United Real Estate Strive 212

Investment Insights

Based on property information with market context.

This 1,916-square-foot duplex, built in 1940, contains a one-bedroom residence and a three-bedroom residence. Both units are occupied under month-to-month leases, providing an established rental configuration with flexibility in future leasing decisions. The property has a new roof, a new hot water heater, and gas heat.

Located at 1130 MT LAUREL AVENUE in Temple, PA 19560, the building also includes an unfinished attic associated with the three-bedroom unit. The attic is identified as having potential for conversion into a fourth bedroom, subject to applicable requirements and approvals.

Key Highlights

• 1,916‑square‑foot duplex built in 1940
• One‑bedroom and three‑bedroom unit configuration
• Both units currently tenant‑occupied on month‑to‑month leases

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$18,889

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

5.90%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$377,780 $377.8K

Cap Rate 7%

$269,843 $269.8K

Cap Rate 9%

$209,878 $209.9K

Market Conditions

NOI Build-Up for 1,916 SF 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.

Gross rent

$28.1K $14.64/SF

− Vacancy

−$1.1K −$0.56/SF

EGI

$27.0K $14.08/SF

− OpEx

−$8.1K −$4.23/SF

NOI

$18.9K $9.86/SF

Area

Berks County, PA

Vacancy

3.80%

Lease Rate

$14.64 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$377,780

Cap Rate 7%

$269,843

Cap Rate 9%

$209,878

Alternative Uses

Best Use

Multifamily LT 5

$269.8K

$236.1K – $314.8K (±1% cap)

NOI $18,889 @ 7.0% cap · market cap 5.90%

Second Best

Apartment 5plus

$235.9K

$206.4K – $275.2K (±1% cap)

NOI $16,510 @ 7.0% cap · market cap 5.16%

Theoretical Best

Office A

$314.5K

$275.2K – $367.0K (±1% cap)

NOI $22,017 @ 7.0% cap · market cap 6.88%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Food Market Building Supply (Bike/Boat/Book/etc) Store Computer & Electronic Repair Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

23

Businesses Nearby

Explore this area Business Placement

Demographics for 19560, PA

9,290

Population

3,888

Households

2.4

Avg Household Size

38

Median Age

19%

College-Educated

88%

High-School Grad

9.3 sq mi

ZIP Area

999

Density / Sq Mi

$76,945

Median Household Income

$48,486

Median Earnings

$1,566

Median Rent

$176,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Occupied two-unit property with separate one- and three-bedroom residences, gas heat, and recently replaced major components.

Where is this duplex located?

The property is located at 1130 MT LAUREL AVENUE Temple, PA.

What is the asking price?

The asking price for this property is $319,900.

What are key features of this property?

This property features: 1,916‑square‑foot duplex built in 1940; One‑bedroom and three‑bedroom unit configuration; Both units currently tenant‑occupied on month‑to‑month leases