Rented Duplex with Flex
152 North Main Street Chalfont, PA 18914
152 North Main Street, Chalfont, PA, 18914
$580,000
For Sale
$580,000
Fully rented duplex with two units, including in-unit laundry and a private rear patio for the lower unit.
Property Size2,093 SF
Price / SF$277.11
Days on Market128
Property Features for 152 North Main Street
General Information
- Standard status
- Active
- Size
- 2,093 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing agency
Keller Williams Real Estate-Doylestown
(215) 290-9230
Listed by
Jonathan Baker · License #RS325612
(215) 290-9230
Source
Compass
Added: Mar 18 Updated: Jul 22 at 4:00PM Checked: Jul 22 at 4:00PM
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 Keller Williams Real Estate-Doylestown
Investment Insights
Based on property information with market context.
This fully rented duplex features two separate residential units. The first-floor unit offers two bedrooms, one full bathroom, an eat-in kitchen, a living room, basement access with laundry, and a private rear paver patio. The second-floor unit includes a large primary bedroom, a second bedroom, one full bathroom, a kitchen, a living room, in-unit laundry, and an additional upper level with two large bonus rooms, providing layout flexibility.
Located at 152/154 North Main Street in Chalfont Borough, the property is described as within walking distance of the train station, post office, restaurants, and other local amenities.
According to the existing leases, 30 days’ notice is required to vacate, supporting continuity for an owner seeking a stabilized income-producing asset while retaining options for future use.
Located at 152/154 North Main Street in Chalfont Borough, the property is described as within walking distance of the train station, post office, restaurants, and other local amenities.
According to the existing leases, 30 days’ notice is required to vacate, supporting continuity for an owner seeking a stabilized income-producing asset while retaining options for future use.
Key Highlights
- Fully rented duplex with two units and long‑term tenants
- Built in 1920, located in Chalfont Borough (Bucks County), within Central Bucks School District
- Unit 1: 2 bedrooms, 1 full bath, eat‑in kitchen, living room, basement access with laundry, and a private rear paver patio
Local Financial Insights For Apartment 5plus
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 | $48.7k | $23.28 |
| − Vacancy | −$1.6k | −$0.77 |
| EGI | $47.1k | $22.51 |
| − OpEx | −$21.2k | −$10.13 |
| NOI | $25.9k | $12.38 |
2,093 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$370.2K
$323.9K – $431.9K
NOI $25,914 @ 7.0% cap · market cap 4.47%
Second Best
Multifamily LT 5
$354.8K
$310.4K – $413.9K
NOI $24,834 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$634.6K
$555.3K – $740.3K
NOI $44,420 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sunny Day Smoothie ...
Take-out & Catering
hem
Restaurant
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FAQs
What type of property is this?
Duplex - Fully rented duplex with two units, including in-unit laundry and a private rear patio for the lower unit.
Where is this duplex located?
The property is located at 152 North Main Street Chalfont, PA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Fully rented duplex with two units and long‑term tenants; Built in 1920, located in Chalfont Borough (Bucks County), within Central Bucks School District; Unit 1: 2 bedrooms, 1 full bath, eat‑in kitchen, living room, basement access with laundry, and a private rear paver patio
