Duplex Rental
213 Dorrance Street Bristol, PA 19007
213 Dorrance Street, Bristol, PA, 19007
$399,900
For Sale
$399,900
Two-unit duplex with separate utilities and an additional two-car detached garage, all generating month-to-month rental income.
Property Size2,204 SF
Price / SF$181.44
Days on Market9
Property Features for 213 Dorrance Street
General Information
- Standard status
- Active
- Size
- 2,204 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1901
Listing agency
RE/MAX Realty Services-Bensalem
(215) 245-2114
Listed by
Lisa A DiZio · License #RS250572
(215) 245-2114
Source
Compass
Added: Jul 14 Updated: Jul 22 at 2:23AM Checked: Jul 22 at 2:23AM
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 RE/MAX Realty Services-Bensalem
Investment Insights
Based on property information with market context.
This duplex rental property in Bristol includes two separate residential units and a detached two-car garage. The first-floor unit features one bedroom and has been rented for $1,125 per month. The second-floor unit offers two bedrooms plus a loft and is currently rented on a month-to-month basis for $1,130 per month.
A two-car detached garage is also included and is rented month to month for $375, with separate utilities serving the units. The property is within walking distance to the waterfront and nearby restaurants and shopping.
For sale as a residential income property, the duplex provides a straightforward two-unit configuration with independent utility arrangements and a separate rental structure in the garage.
A two-car detached garage is also included and is rented month to month for $375, with separate utilities serving the units. The property is within walking distance to the waterfront and nearby restaurants and shopping.
For sale as a residential income property, the duplex provides a straightforward two-unit configuration with independent utility arrangements and a separate rental structure in the garage.
Key Highlights
- Two‑unit duplex with separate utilities, generating month‑to‑month rental income
- First‑floor unit: 1 bedroom; rented for $1,125/month
- Second‑floor unit: 2 bedrooms plus a loft; currently rented month to month for $1,130/month
Local Financial Insights For Apartment 5plus
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 | $51.3k | $23.28 |
| − Vacancy | −$1.7k | −$0.77 |
| EGI | $49.6k | $22.51 |
| − OpEx | −$22.3k | −$10.13 |
| NOI | $27.3k | $12.38 |
2,204 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$389.8K
$341.1K – $454.8K
NOI $27,289 @ 7.0% cap · market cap 6.82%
Second Best
Multifamily LT 5
$373.6K
$326.9K – $435.9K
NOI $26,151 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$668.2K
$584.7K – $779.6K
NOI $46,776 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex with separate utilities and an additional two-car detached garage, all generating month-to-month rental income.
Where is this duplex located?
The property is located at 213 Dorrance Street Bristol, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with separate utilities, generating month‑to‑month rental income; First‑floor unit: 1 bedroom; rented for $1,125/month; Second‑floor unit: 2 bedrooms plus a loft; currently rented month to month for $1,130/month
