Two-Story Duplex with Front
New
For Sale
$240,000
233 BRIDGE STREET, Spring City, PA 19475
Shops, dining, and daily conveniences are within walking distance, with a bus stop about 0.2 miles away.
Property Size1,549 SF
Price / SF$154.94
Days on Market4
Property Features for 233 BRIDGE STREET
General Information
Standard status
Active
Size
1,549 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
front porches
backyard
in-unit laundry
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
Moments Real Estate
(215) 237-7660
Listed By:
Jason Samuel Kidwell · License #RM425271
(215) 767-1745
Source:
Cummingsrealtors
Added: Sep 24
Changed: Sep 26
Last Checked: Sep 26 at 2:29PM
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 Moments Real Estate
Investment Insights
Based on property information with market context.
This two-story duplex at 233 Bridge Street has two stacked residential units, with one positioned above the other. Both units have front porches, and the property includes a backyard. One unit is currently unoccupied and features a spacious living room, in-unit laundry, and generously sized bedrooms.
Shops, restaurants, and everyday services are within walking distance. A bus stop is approximately 0.2 miles away. The building dates to 1900.
Shops, restaurants, and everyday services are within walking distance. A bus stop is approximately 0.2 miles away. The building dates to 1900.
Key Highlights
- Two stacked units in a two‑story duplex
- Front porches serve both units
- Backyard included
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
$17,800
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
7.42%
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%
$356,000
$356.0K
Cap Rate 7%
$254,286
$254.3K
Cap Rate 9%
$197,778
$197.8K
Market Conditions
NOI Build-Up for 1,549 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
$29.7K $19.20/SF
− Vacancy
−$4.3K −$2.78/SF
EGI
$25.4K $16.42/SF
− OpEx
−$7.6K −$4.92/SF
NOI
$17.8K $11.49/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$19.20 /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%
$356,000
Cap Rate 7%
$254,286
Cap Rate 9%
$197,778
Alternative Uses
Best Use
Multifamily LT 5
$254.3K
$222.5K – $296.7K
NOI $17,800 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$239.9K
$210.0K – $279.9K
NOI $16,796 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$469.6K
$410.9K – $547.9K
NOI $32,875 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 19475, PA
12,028
Population
5,154
Households
2.3
Avg Household Size
41
Median Age
50%
College-Educated
96%
High-School Grad
16.5 sq mi
ZIP Area
729
Density / Sq Mi
$92,140
Median Household Income
$60,409
Median Earnings
$948
Median Rent
$362,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
Duplex - Shops, dining, and daily conveniences are within walking distance, with a bus stop about 0.2 miles away.
Where is this duplex located?
The property is located at 233 BRIDGE STREET Spring City, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two stacked units in a two‑story duplex; Front porches serve both units; Backyard included
