Two-Kitchen
For Sale
$724,900
1564 EDGE HILL ROAD, Abington, PA 19001
Separate HVAC systems and electrical panels serve the building’s two levels.
Property Size3,960 SF
Price / SF$183.06
Days on Market8
Property Features for 1564 EDGE HILL ROAD
General Information
Standard status
Active
Size
3,960 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Building Details
Year Built
1930
Buildings
1
Stories
2
Listing Agency:
Quinn & Wilson, Inc.
(215) 885-7600
Listed By:
Mark C Stromberg · License #RS331610
(941) 400-7609
Source:
Cummingsrealtors
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 7 at 12:22PM
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 Quinn & Wilson, Inc.
Investment Insights
Based on property information with market context.
This two-level duplex contains 3,960 square feet, with a two-bedroom first floor and a three-bedroom second floor. Each level has a full kitchen and bathroom; the upper floor also includes a dining room, while the lower floor has an office and living room. The first floor is ADA compliant. Separate electrical panels and HVAC systems serve the levels, and the water utility is shared.
Improvements include updated wiring and plumbing, new flooring, finished drywall, repaired or replaced plaster, and added closets. Both kitchens have quartz countertops and complete appliance packages. Two former powder rooms were converted to full bathrooms with showers. Additional work includes a second basement laundry setup, refreshed exterior window casings, repainted access features, and updated landscaping.
The property is near Jefferson Abington Hospital and has access to rail and bus transportation. It was built in 1930.
Improvements include updated wiring and plumbing, new flooring, finished drywall, repaired or replaced plaster, and added closets. Both kitchens have quartz countertops and complete appliance packages. Two former powder rooms were converted to full bathrooms with showers. Additional work includes a second basement laundry setup, refreshed exterior window casings, repainted access features, and updated landscaping.
The property is near Jefferson Abington Hospital and has access to rail and bus transportation. It was built in 1930.
Key Highlights
- 3,960 square feet across two levels
- Five bedrooms, two full bathrooms, and two full kitchens
- Separate electrical panels and two HVAC systems; water utility is shared
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,538
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,150,760
$1.2M
Cap Rate 7%
$821,971
$822.0K
Cap Rate 9%
$639,311
$639.3K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$87.9K $22.20/SF
− Vacancy
−$5.7K −$1.44/SF
EGI
$82.2K $20.76/SF
− OpEx
−$24.7K −$6.23/SF
NOI
$57.5K $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 Rate 5%
$1,150,760
Cap Rate 7%
$821,971
Cap Rate 9%
$639,311
Alternative Uses
Best Use
Multifamily LT 5
$822.0K
$719.2K – $959.0K
NOI $57,538 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$764.3K
$668.8K – $891.7K
NOI $53,501 @ 7.0% cap · market cap 7.38%
Theoretical Best
Specialty Retail
$2.28M
$1.99M – $2.66M
NOI $159,448 @ 7.0% cap · market cap 22.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
664
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate HVAC systems and electrical panels serve the building’s two levels.
Where is this duplex located?
The property is located at 1564 EDGE HILL ROAD Abington, PA.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: 3,960 square feet across two levels; Five bedrooms, two full bathrooms, and two full kitchens; Separate electrical panels and two HVAC systems; water utility is shared
