Triplex Residential Income
For Sale
$799,000
Pending
1644 Huntingdon Road, Abington, PA 19001
For sale triplex on Huntingdon Road in Abington, PA, offered as a residential income property.
Property Size2,739 SF
Days on Market678
Property Features for 1644 Huntingdon Road
General Information
Standard status
Pending
Size
2,739 SF
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$8,889
Amenities
Central Air
Full Finished
3
Unfurnished
Pool
1101: RESIDENTIAL
Attached Parking. Spa.
2 Garage Spaces. Attached Garage, Driveway.
Asbestos
139.00 x 0.00
In-ground
Building Details
Year Built
1958
Stories
2
Listing Agency:
Century 21 Advantage Gold-Southampton
(215) 322-7050
Listed By:
Brian Lanoza · License #RS279853
(215) 317-0082
Source:
Xome
Added: Oct 28, 2024
Changed: Sep 1
Last Checked: Sep 5 at 4:54AM
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 Century 21 Advantage Gold-Southampton
Investment Insights
Based on property information with market context.
This for-sale triplex is offered as a residential income property and is listed within the Triplexes and Multifamily property types. The property totals approximately 2,739 square feet.
Located at 1644 Huntingdon Road in Abington, PA 19001, the building is positioned for investors and tenants seeking an income-producing multifamily structure in the area.
Located at 1644 Huntingdon Road in Abington, PA 19001, the building is positioned for investors and tenants seeking an income-producing multifamily structure in the area.
Key Highlights
- Triplex for sale on Huntingdon Road in Abington, PA, offered as a residential income property
- In‑ground pool with spa
- 2‑car attached garage plus driveway and attached parking
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
$39,797
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
4.98%
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%
$795,940
$795.9K
Cap Rate 7%
$568,529
$568.5K
Cap Rate 9%
$442,189
$442.2K
Market Conditions
NOI Build-Up for 2,739 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
$60.8K $22.20/SF
− Vacancy
−$4.0K −$1.44/SF
EGI
$56.9K $20.76/SF
− OpEx
−$17.1K −$6.23/SF
NOI
$39.8K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /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%
$795,940
Cap Rate 7%
$568,529
Cap Rate 9%
$442,189
Alternative Uses
Best Use
Multifamily LT 5
$568.5K
$497.5K – $663.3K
NOI $39,797 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$528.6K
$462.6K – $616.8K
NOI $37,005 @ 7.0% cap · market cap 4.63%
Theoretical Best
Specialty Retail
$1.58M
$1.38M – $1.84M
NOI $110,285 @ 7.0% cap · market cap 13.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
Explore this area
Business Placement
Demographics for 19001, PA
17,215
Population
6,643
Households
2.6
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
5,380
Density / Sq Mi
$105,271
Median Household Income
$58,019
Median Earnings
$1,355
Median Rent
$343,000
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?
Triplex - For sale triplex on Huntingdon Road in Abington, PA, offered as a residential income property.
Where is this triplex located?
The property is located at 1644 Huntingdon Road Abington, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Triplex for sale on Huntingdon Road in Abington, PA, offered as a residential income property; In‑ground pool with spa; 2‑car attached garage plus driveway and attached parking
