Turnkey Duplex With Two
162 BRIDGE STREET Drexel Hill, PA 19026
For Sale
$370,000
Completely renovated, move-in ready duplex with two vacant units, each offering two bedrooms and one full bath.
Property Size1,920 SF
Price / SF$192.71
Days on Market9
Property Features for 162 BRIDGE STREET
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Duplex
Building Details
Year Built
1974
Listing Agency:
Premier Property Management & Realty LLC
(610) 331-2027
Listed By:
Robert Stranix · License #rs354292
(610) 331-2027
Source:
Cummingsrealtors
Added: Jul 21
Changed: Jul 26
Last Checked: Jul 29 at 5:35AM
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 Premier Property Management & Realty LLC
Investment Insights
Based on property information with market context.
This turnkey duplex has been completely renovated and is move-in ready. Both units are delivered vacant and each unit includes two bedrooms and one full bathroom. Updates throughout include a modern kitchen with updated finishes, renovated bathrooms, new flooring, fresh paint, and contemporary fixtures, helping minimize near-term maintenance.
Located at 162 Bridge Street in Drexel Hill, the property is described as conveniently near shopping, restaurants, public transportation, parks, and major highways within Delaware County.
With both units available, the layout provides flexibility for an owner-occupant to live in one unit while renting the other, or to set your own market rents once leased.
Located at 162 Bridge Street in Drexel Hill, the property is described as conveniently near shopping, restaurants, public transportation, parks, and major highways within Delaware County.
With both units available, the layout provides flexibility for an owner-occupant to live in one unit while renting the other, or to set your own market rents once leased.
Key Highlights
- Completely renovated duplex built in 1974 and move‑in ready
- Two vacant units, each with 2 bedrooms and 1 full bathroom
- Updated kitchens with modern finishes and updated bathrooms
Financial Insights For Multifamily LT 5
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 | $34.6k | $18.00 |
| − Vacancy | −$4.5k | −$2.34 |
| EGI | $30.1k | $15.66 |
| − OpEx | −$9.0k | −$4.70 |
| NOI | $21.0k | $10.96 |
1,920 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$300.6K
$263.1K – $350.8K
NOI $21,045 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$275.0K
$240.6K – $320.8K
NOI $19,247 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$582.1K
$509.4K – $679.2K
NOI $40,749 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Completely renovated, move-in ready duplex with two vacant units, each offering two bedrooms and one full bath.
Where is this duplex located?
The property is located at 162 BRIDGE STREET Drexel Hill, PA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Completely renovated duplex built in 1974 and move‑in ready; Two vacant units, each with 2 bedrooms and 1 full bathroom; Updated kitchens with modern finishes and updated bathrooms
