Occupied Duplex Income
176 1ST AVENUE Phoenixville, PA 19460
New
For Sale
$450,000
Occupied duplex with a renovated 1-bedroom unit and a 3-bedroom layout on a single property.
Property Size2,122 SF
Price / SF$212.06
Days on Market6
Property Features for 176 1ST AVENUE
General Information
Standard status
Active
Size
2,122 SF
Property subtype
Duplex
Building Details
Year Built
1900
Listing Agency:
Real Broker, LLC
(484) 352-3482
Listed By:
Janel L Loughin
(484) 352-3482
Source:
Cummingsrealtors
Added: Jul 24
Changed: Jul 27
Last Checked: Jul 29 at 5:53AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This occupied duplex includes two separate apartments. Unit 1 is a 1-bedroom, 1-bath unit that has been updated with fresh paint, new carpeting, new flooring, and a fully renovated bathroom. Unit 2 offers a 3-bedroom, 1-bath layout suitable for long-term tenancy.
The property is located in Phoenixville with access to downtown Phoenixville’s restaurants, shopping, entertainment, and major commuter routes.
As an income-producing residential property, it provides two distinct unit configurations under one ownership.
The property is located in Phoenixville with access to downtown Phoenixville’s restaurants, shopping, entertainment, and major commuter routes.
As an income-producing residential property, it provides two distinct unit configurations under one ownership.
Key Highlights
- Occupied duplex in Phoenixville, featuring Unit 1 and Unit 2 on a single property
- Unit 1: updated 1‑bedroom, 1‑bath apartment with fresh paint, new carpeting, new flooring, and a fully renovated bathroom
- Unit 2: spacious 3‑bedroom, 1‑bath layout suited for long‑term tenants
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 | $40.7k | $19.20 |
| − Vacancy | −$5.9k | −$2.78 |
| EGI | $34.8k | $16.42 |
| − OpEx | −$10.5k | −$4.92 |
| NOI | $24.4k | $11.49 |
2,122 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$348.3K
$304.8K – $406.4K
NOI $24,384 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$328.7K
$287.6K – $383.5K
NOI $23,010 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$643.4K
$563.0K – $750.6K
NOI $45,036 @ 7.0% cap · market cap 10.01%
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 - Occupied duplex with a renovated 1-bedroom unit and a 3-bedroom layout on a single property.
Where is this duplex located?
The property is located at 176 1ST AVENUE Phoenixville, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Occupied duplex in Phoenixville, featuring Unit 1 and Unit 2 on a single property; Unit 1: updated 1‑bedroom, 1‑bath apartment with fresh paint, new carpeting, new flooring, and a fully renovated bathroom; Unit 2: spacious 3‑bedroom, 1‑bath layout suited for long‑term tenants
