Stone Triplex with Studio
165 W MORELAND Avenue Hatboro, PA 19040
For Sale
$650,000
MULTI_FAMILY - Georgian - HATBORO, PA
Property Size3,448 SF
Lot Size1.92 Acres
Price / SF$188.52
Days on Market233
Property Features for 165 W MORELAND Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
Parking Lot, Driveway
Standard status
Active
Size
3,448 SF
Lot size
1.92 Acres
Taxes and HOA fees
Tax Annual Amount
11951
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1883
Number of units
3
Building materials
Stone
Architectural style
Georgian
Listing Agency:
RE/MAX Centre Realtors
(215) 343-8200
Listed By:
Erminio A Petrecca · License #RS218590L
(267) 474-3651
Added: Dec 8, 2025
Changed: Jul 28
Last Checked: Jul 29 at 4:06AM
MLS# PAMC2163330
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex offers a stone home configuration with three separate units and an available basement with laundry. The property includes Unit #1 as a studio, Unit #2 as a 2-bedroom, 1-bath unit, and Unit #3 as a 4-bedroom, 2-bath unit. The listing notes possible expansion possibilities and future development opportunities.
The property is located at 165 W Moreland Avenue in Hatboro, Pennsylvania (Montgomery County). The site is described as a 1.92-acre lot, providing a substantial parcel for future considerations as referenced in the remarks.
With a total property size of 3,448 square feet as provided, this residential income property may be of interest to buyers seeking an owner-occupied or investment-oriented triplex setup with multiple unit types.
The property is located at 165 W Moreland Avenue in Hatboro, Pennsylvania (Montgomery County). The site is described as a 1.92-acre lot, providing a substantial parcel for future considerations as referenced in the remarks.
With a total property size of 3,448 square feet as provided, this residential income property may be of interest to buyers seeking an owner-occupied or investment-oriented triplex setup with multiple unit types.
Key Highlights
- Stone Georgian triplex on 1.92 acres (83,552 SF) lot
- Total building size: 3,448 SF
- Unit mix: #1 studio; #2 2 bed/1 bath; #3 4 bed/2 bath
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 | $76.5k | $22.20 |
| − Vacancy | −$5.0k | −$1.44 |
| EGI | $71.6k | $20.76 |
| − OpEx | −$21.5k | −$6.23 |
| NOI | $50.1k | $14.53 |
3,448 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$715.7K
$626.2K – $835.0K
NOI $50,099 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$665.5K
$582.3K – $776.4K
NOI $46,584 @ 7.0% cap · market cap 7.17%
Theoretical Best
Specialty Retail
$1.98M
$1.74M – $2.31M
NOI $138,833 @ 7.0% cap · market cap 21.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Triplex on 1.92-acre lot featuring three residential units and a stone structure with basement and laundry area.
Where is this triplex located?
The property is located at 165 W MORELAND Avenue Hatboro, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Stone Georgian triplex on 1.92 acres (83,552 SF) lot; Total building size: 3,448 SF; Unit mix: #1 studio; #2 2 bed/1 bath; #3 4 bed/2 bath
