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Two-Unit Residential Duplex

204 E HECTOR STREET, Conshohocken, PA 19428

For Sale
New
$629,999

The legal two-unit property pairs separate utility service with updated kitchens and bathrooms.

Property Size1,906 SF
Price / SF$330.53
Days on Market4

Property Features for 204 E HECTOR STREET

General Information

Standard status Active
Size 1,906 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning RESIDENTIAL

Units

Unit Mix 1 x 2BR, 1 x 1BR
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,839

Amenities

backyard
Central Air, Ceiling Fan(s), Electric
Electric, Forced Air, Baseboard
Unfinished
Gas Water Heater
High Ceilings
Driveway
Straight Thru

Building Details

Building Size 1,906 SF
Year Built 1900
Listing Agency: KW Empower
Listed By: Stephen M Kennedy · License PA RS330775
Source: Evrealestate
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 8 at 4:03AM

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 KW Empower

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this legal duplex contains two residences: one with two bedrooms and another with one bedroom. Each unit has its own utilities, and both have updated kitchens and bathrooms. The property also includes driveway parking and a backyard.

Conshohocken entertainment and public transportation are within walking distance.

Key Highlights

  • Two‑unit legal duplex with one 2‑bedroom residence and one 1‑bedroom residence
  • Separate utilities for each unit
  • Updated kitchens and bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,694
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,880 $553.9K
Cap Rate 7%
$395,629 $395.6K
Cap Rate 9%
$307,711 $307.7K
Market Conditions
NOI Build-Up for 1,906 SF
Gross rent
$42.3K $22.20/SF
− Vacancy
−$2.8K −$1.44/SF
EGI
$39.6K $20.76/SF
− OpEx
−$11.9K −$6.23/SF
NOI
$27.7K $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%
$553,880
Cap Rate 7%
$395,629
Cap Rate 9%
$307,711

Alternative Uses

Best Use
Multifamily LT 5
$395.6K
$346.2K – $461.6K (±1% cap)
NOI $27,694 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$367.9K
$321.9K – $429.2K (±1% cap)
NOI $25,751 @ 7.0% cap · market cap 4.09%
Theoretical Best
Specialty Retail
$1.10M
$959.3K – $1.28M (±1% cap)
NOI $76,745 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,925
Businesses Nearby

Demographics for 19428, PA

19,690
Population
10,032
Households
2
Avg Household Size
36
Median Age
66%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
2,697
Density / Sq Mi
$116,566
Median Household Income
$73,713
Median Earnings
$1,900
Median Rent
$445,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Montgomery County, PA

$206 Jul
$206 Aug
$207 Sep
$191 Oct

Properties on Market for Duplexes in Montgomery County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The legal two-unit property pairs separate utility service with updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 204 E HECTOR STREET Conshohocken, PA.
What is the asking price?
The asking price for this property is $629,999.
What are key features of this property?
This property features: Two‑unit legal duplex with one 2‑bedroom residence and one 1‑bedroom residence; Separate utilities for each unit; Updated kitchens and bathrooms
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