Duplex with Oversized
For Sale
$275,000
247 Burmont Rd, Drexel Hill, PA 19026
Two-story duplex conversion with separate floor layouts and a garage that can also generate rental income.
Property Size1,818 SF
Price / SF$151.27
Days on Market49
Property Features for 247 Burmont Rd
General Information
Standard status
Active
Size
1,818 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1930
Buildings
1
Stories
2
Listing Agency:
Real of Pennsylvania
Listed By:
David M Spencer
(856) 649-6174
Source:
Kathywolfgang
Added: Sep 19
Changed: Oct 26
Last Checked: Nov 4 at 4:16PM
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 Real of Pennsylvania
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Investment Insights
Based on property information with market context.
This 1,818-square-foot, two-story duplex conversion provides distinct living arrangements across two floors. The lower level includes one bedroom and one bathroom, while the upper level offers two or three bedrooms and one and one-half bathrooms. A newly installed roof extends to the sheathing, and the property includes an oversized garage with separate rental potential.
Located at 247 Burmont Rd in Drexel Hill, Pennsylvania, the property combines residential income use with substantial garage space. The flexible upper-level bedroom configuration and rentable garage add practical options for an owner seeking a duplex with additional income-producing space.
Located at 247 Burmont Rd in Drexel Hill, Pennsylvania, the property combines residential income use with substantial garage space. The flexible upper-level bedroom configuration and rentable garage add practical options for an owner seeking a duplex with additional income-producing space.
Key Highlights
- Two‑story duplex conversion with separate lower- and upper‑level living areas
- 1,818 SF property at 247 BURMONT RD, Drexel Hill, PA 19026
- Lower level includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,927
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,540
$398.5K
Cap Rate 7%
$284,671
$284.7K
Cap Rate 9%
$221,411
$221.4K
Market Conditions
NOI Build-Up for 1,818 SF
Gross rent
$32.7K $18.00/SF
− Vacancy
−$4.3K −$2.34/SF
EGI
$28.5K $15.66/SF
− OpEx
−$8.5K −$4.70/SF
NOI
$19.9K $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 Rate 5%
$398,540
Cap Rate 7%
$284,671
Cap Rate 9%
$221,411
Alternative Uses
Best Use
Multifamily LT 5
$284.7K
$249.1K – $332.1K
NOI $19,927 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$260.4K
$227.8K – $303.8K
NOI $18,225 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$551.2K
$482.3K – $643.1K
NOI $38,584 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
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Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-story duplex conversion with separate floor layouts and a garage that can also generate rental income.
Where is this duplex located?
The property is located at 247 Burmont Rd Drexel Hill, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑story duplex conversion with separate lower- and upper‑level living areas; 1,818 SF property at 247 BURMONT RD, Drexel Hill, PA 19026; Lower level includes 1 bedroom and 1 bathroom
