Two-Building Quadplex with Off-Street
For Sale
$750,000
Pending
2267 East Farragut Avenue, Bristol, PA 19007
Four-unit property with separate entrances, residential kitchens, basement laundry, and yard space.
Property Size2,045 SF
Days on Market223
Property Features for 2267 East Farragut Avenue
General Information
Standard status
Pending
Size
2,045 SF
Property subtype
Multi-Family / Fee Simple
Zoning
I
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$8,289
Amenities
No
Carbon Monoxide Detector(s), Smoke Detector
No Pool
Flood Lights, Street Lights
Building Details
Year Built
1928
Buildings
2
Listing Agency:
Coldwell Banker Hearthside
Listed By:
Ellen M Cassidy · License #AB062535L
(267) 350-5555
Source:
Compass
Added: Mar 9
Changed: Oct 16
Last Checked: Oct 16 at 11:23AM
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 Coldwell Banker Hearthside
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Investment Insights
Based on property information with market context.
This 1928 quadplex at 2267 East Farragut Avenue comprises two separate buildings totaling 2,045 square feet. The front colonial-style residence contains a two-bedroom, one-bath unit on the first floor and a separate one-bedroom, one-bath apartment upstairs. Features include a sunroom, brick front porch, replaced windows, fireplaces, kitchens with wood cabinetry or ample storage, and carpeted living areas. The first-floor unit also includes a full unfinished basement with laundry facilities.
The rear building contains two additional one-bedroom, one-bath units, with one apartment on each floor. The property includes off-street parking and a yard, with access to public transit and a commuter rail station less than 1 mile away. I-95 and the PA Turnpike are also accessible, while Bristol Borough destinations include Mill Street shops and restaurants, the Bristol Wharf, Amish Market, Grundy Library, and Riverside Theater.
The rear building contains two additional one-bedroom, one-bath units, with one apartment on each floor. The property includes off-street parking and a yard, with access to public transit and a commuter rail station less than 1 mile away. I-95 and the PA Turnpike are also accessible, while Bristol Borough destinations include Mill Street shops and restaurants, the Bristol Wharf, Amish Market, Grundy Library, and Riverside Theater.
Key Highlights
- Four‑unit configuration across 2 separate buildings
- 2,045 square feet on a 0.10‑acre lot
- Front building includes 2‑bedroom and 1‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,320
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,400
$506.4K
Cap Rate 7%
$361,714
$361.7K
Cap Rate 9%
$281,333
$281.3K
Market Conditions
NOI Build-Up for 2,045 SF
Gross rent
$47.6K $23.28/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$46.0K $22.51/SF
− OpEx
−$20.7K −$10.13/SF
NOI
$25.3K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,400
Cap Rate 7%
$361,714
Cap Rate 9%
$281,333
Alternative Uses
Best Use
Apartment 5plus
$361.7K
$316.5K – $422.0K
NOI $25,320 @ 7.0% cap · market cap 3.38%
Second Best
Multifamily LT 5
$346.6K
$303.3K – $404.4K
NOI $24,264 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$620.0K
$542.5K – $723.4K
NOI $43,402 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 19007, PA
21,849
Population
9,675
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
7.5 sq mi
ZIP Area
2,913
Density / Sq Mi
$66,811
Median Household Income
$43,642
Median Earnings
$1,029
Median Rent
$264,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with separate entrances, residential kitchens, basement laundry, and yard space.
Where is this quadplex located?
The property is located at 2267 East Farragut Avenue Bristol, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑unit configuration across 2 separate buildings; 2,045 square feet on a 0.10‑acre lot; Front building includes 2‑bedroom and 1‑bedroom units
