Building Details

Building Size 1,872 SF

Year Built 1920

Buildings 1

Listing Agency: Tesla Realty Group, LLC

Listed By: Richard Lesinski · License #RS355905 Show Phone

Source: Desantis-realestate

Added: Jun 29 Changed: Oct 27 Last Checked: Oct 27 at 3:23AM

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Investment Insights

Based on property information with market context.

This 1,872-square-foot duplex, built in 1920, contains two residences. The first-floor apartment has two bedrooms and one full bathroom. The other residence occupies the second and third floors and includes three bedrooms and one and a half bathrooms. Tenants are in place, and the property has undergone renovations alongside ongoing maintenance.

Shopping, dining, public transportation, and major roadways are nearby in Woodlyn, Pennsylvania.

Key Highlights

• 1,872‑square‑foot duplex built in 1920
• First‑floor residence with 2 bedrooms and 1 full bathroom
• Upper residence spans the second and third floors, with 3 bedrooms and 1.5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,519

Cap Rate

6.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$410,380 $410.4K

Cap Rate 7%

$293,129 $293.1K

Cap Rate 9%

$227,989 $228.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,872 SF

Gross rent

$33.7K $18.00/SF

− Vacancy

−$4.4K −$2.34/SF

EGI

$29.3K $15.66/SF

− OpEx

−$8.8K −$4.70/SF

NOI

$20.5K $10.96/SF

Area

Delaware County, PA

Vacancy

13.01%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$410,380

Cap Rate 7%

$293,129

Cap Rate 9%

$227,989

Alternative Uses

Best Use

Multifamily LT 5

$293.1K

$256.5K – $342.0K (±1% cap)

NOI $20,519 @ 7.0% cap · market cap 6.51%

Second Best

Apartment 5plus

$268.1K

$234.6K – $312.8K (±1% cap)

NOI $18,766 @ 7.0% cap · market cap 5.96%

Theoretical Best

Office A

$567.6K

$496.6K – $662.2K (±1% cap)

NOI $39,730 @ 7.0% cap · market cap 12.61%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

517

Businesses Nearby

Explore this area Business Placement

Demographics for 19094, PA

4,426

Population

1,862

Households

2.4

Avg Household Size

40

Median Age

33%

College-Educated

92%

High-School Grad

0.8 sq mi

ZIP Area

5,533

Density / Sq Mi

$63,307

Median Household Income

$42,168

Median Earnings

$1,287

Median Rent

$244,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Renovated Duplex with Two Units

1301 BULLENS LANE, Woodlyn, PA 19094

$385,000

1,838 SF

View details

5-Unit Apartment Building

672 COLWELL ROAD, Woodlyn, PA 19094

$649,900

2,108 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Both residences are occupied, with separate bedroom and bathroom configurations across the building.

Where is this duplex located?

The property is located at 122 FAIRVIEW ROAD Woodlyn, PA.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: 1,872‑square‑foot duplex built in 1920; First‑floor residence with 2 bedrooms and 1 full bathroom; Upper residence spans the second and third floors, with 3 bedrooms and 1.5 bathrooms