Retail Storefront and Two
230 HOLMES ROAD Holmes, PA 19043
230 HOLMES ROAD, Holmes, PA, 19043
$425,000
For Sale
$425,000
MULTI_FAMILY - HOLMES, PA
Property Size3,500 SF
Price / SF$121.43
Days on Market71
Property Features for 230 HOLMES ROAD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Standard status
- Active
- Size
- 3,500 SF
Building Details
- Year built
- 1953
Listing agency
BHHS Fox & Roach Haverford Sales Office
(610) 649-4500
Listed by
Claude Canavati · License #RS319752
(610) 209-0748
Added: May 14 Updated: Jul 23 at 6:36AM Checked: Jul 23 at 9:06AM
MLS# PADE2114904
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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.
The property includes two buildings and offers both retail and residential income. In the front, there is a vacant single-story storefront measuring 25 feet wide by 55 feet deep, which may be leased or used by a business pending township requirements. In the rear, there is a well-maintained two-story building with two one-bedroom apartments, with the first-floor unit currently rented at $1,100 per month and the second-floor unit at $1,050 per month. Each apartment has a dedicated parking space at the back of the first building, and there is also an additional 8-space parking lot shared with the neighboring property.
The shared parking is first-come, first-serve, with deed allowances permitting the neighboring parcel to use the driveway for access to the parking lot while also granting this property the right to share the parking lot. The property is zoned Residential and requires a variance application to the township for leasing the storefront to a business. It is located in Holmes, PA 19043, and is approximately 11 minutes from Philadelphia Airport and about 25 minutes from Center City.
Overall, the configuration provides a combined retail/household setup with long-term residential tenancy in place, supported by on-site parking and an additional shared parking area.
The shared parking is first-come, first-serve, with deed allowances permitting the neighboring parcel to use the driveway for access to the parking lot while also granting this property the right to share the parking lot. The property is zoned Residential and requires a variance application to the township for leasing the storefront to a business. It is located in Holmes, PA 19043, and is approximately 11 minutes from Philadelphia Airport and about 25 minutes from Center City.
Overall, the configuration provides a combined retail/household setup with long-term residential tenancy in place, supported by on-site parking and an additional shared parking area.
Key Highlights
- 1953‑built property with two buildings: a front vacant single‑story storefront and a rear two‑story building with apartments
- Front storefront is 25' wide by 55' deep and is vacant, with leasing potentially requiring a township variance
- Rear building includes 2 one‑bedroom apartments with long‑term tenants: $1,100/month (1st floor) and $1,050/month (2nd floor)
Local 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 | $63.0k | $18.00 |
| − Vacancy | −$8.2k | −$2.34 |
| EGI | $54.8k | $15.66 |
| − OpEx | −$16.4k | −$4.70 |
| NOI | $38.4k | $10.96 |
3,500 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$548.0K
$479.5K – $639.4K
NOI $38,363 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$501.2K
$438.6K – $584.8K
NOI $35,086 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,282 @ 7.0% cap · market cap 17.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-building income property includes a vacant single-story storefront and two one-bedroom apartments with dedicated parking.
Where is this duplex located?
The property is located at 230 HOLMES ROAD Holmes, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1953‑built property with two buildings: a front vacant single‑story storefront and a rear two‑story building with apartments; Front storefront is 25' wide by 55' deep and is vacant, with leasing potentially requiring a township variance; Rear building includes 2 one‑bedroom apartments with long‑term tenants: $1,100/month (1st floor) and $1,050/month (2nd floor)
