Triplex with Updated
For Sale
$399,777
2223 AMOSLAND Road, Holmes, PA 19043
Multi-Family, HOLMES, PA
Property Size2,352 SF
Lot Size0.16 Acres
Price / SF$169.97
Days on Market55
Property Features for 2223 AMOSLAND Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking
7
Parking features
Driveway, Assigned
Interior features
Bathroom - Tub Shower, Carpet, Ceiling Fan(s)
Appliances
Stove
Subdivision
RIDLEY FARMS
Elementary school
AMOSLAND
Middle school
RIDLEY
High school
RIDLEY
Elementary school district
RIDLEY
Middle school district
RIDLEY
High school district
RIDLEY
Standard status
Active
Size
2,352 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
8364
Utilities
Heating system
Other (Heating), Hot Water(Heating)
Cooling system
Ceiling Fan(s), Window Unit(s)
Building Details
Year built
1928
Number of units
3
Building materials
Vinyl Siding
Architectural style
Victorian
Listing Agency:
RE/MAX Preferred - Newtown Square · RE/MAX International
(610) 325-4100
Listed By:
Richard Shane · License #RS218575L
(215) 313-3777
Added: Jul 6
Changed: Aug 26
Last Checked: Aug 29 at 4:06AM
MLS# PADE2119064
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 Victorian triplex at 2223 Amosland Road contains 2,352 square feet on a 0.16-acre parcel. The three-unit configuration includes a vacant first-floor apartment and two additional units with existing occupants. Separate boilers, gas meters, and updated electrical panels support the individual apartments. Interior features include tub-and-shower bathrooms, carpeting, ceiling fans, and stove appliances, while heating is provided by hot-water systems and cooling by window units and ceiling fans.
The property includes a basement with French drainage, assigned driveway parking, and vinyl siding. The roof and siding were completed in 2024, and the windows were replaced in 2019. Located in Holmes, Pennsylvania, the property offers a residential income configuration with flexible occupancy across its three apartments.
The property includes a basement with French drainage, assigned driveway parking, and vinyl siding. The roof and siding were completed in 2024, and the windows were replaced in 2019. Located in Holmes, Pennsylvania, the property offers a residential income configuration with flexible occupancy across its three apartments.
Key Highlights
- 2,352‑square‑foot triplex on a 0.16‑acre lot
- Three apartments, including a vacant first‑floor unit
- Separate boilers, gas meters, and updated electric panels for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,780
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$515,600
$515.6K
Cap Rate 7%
$368,286
$368.3K
Cap Rate 9%
$286,444
$286.4K
Market Conditions
NOI Build-Up for 2,352 SF
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.
Gross rent
$42.3K $18.00/SF
− Vacancy
−$5.5K −$2.34/SF
EGI
$36.8K $15.66/SF
− OpEx
−$11.0K −$4.70/SF
NOI
$25.8K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$515,600
Cap Rate 7%
$368,286
Cap Rate 9%
$286,444
Alternative Uses
Best Use
Multifamily LT 5
$368.3K
$322.3K – $429.7K
NOI $25,780 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$336.8K
$294.7K – $393.0K
NOI $23,578 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$713.1K
$624.0K – $832.0K
NOI $49,917 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
Explore this area
Business Placement
Demographics for 19043, PA
2,737
Population
1,309
Households
2.1
Avg Household Size
41
Median Age
24%
College-Educated
99%
High-School Grad
0.4 sq mi
ZIP Area
6,843
Density / Sq Mi
$113,494
Median Household Income
$47,778
Median Earnings
$1,171
Median Rent
$249,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with a vacant first-floor unit and separate utility systems serving each apartment.
Where is this triplex located?
The property is located at 2223 AMOSLAND Road Holmes, PA.
What is the asking price?
The asking price for this property is $399,777.
What are key features of this property?
This property features: 2,352‑square‑foot triplex on a 0.16‑acre lot; Three apartments, including a vacant first‑floor unit; Separate boilers, gas meters, and updated electric panels for each unit
