Triplex with Separate Electric
310 SYCAMORE AVENUE Folsom, PA 19033
New
For Sale
$419,000
Triplex for sale in Ridley Schools with separate electric meters for each unit and common area.
Property Size2,206 SF
Price / SF$189.94
Days on Market6
Property Features for 310 SYCAMORE AVENUE
General Information
Standard status
Active
Size
2,206 SF
Property subtype
Triplex
Building Details
Year Built
1975
Listing Agency:
Century 21 Preferred
(484) 983-7406
Listed By:
Mikhail Zalivchii · License #RS336794
(484) 983-7406
Source:
Cummingsrealtors
Added: Jul 24
Changed: Jul 28
Last Checked: Jul 29 at 5:48AM
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 Century 21 Preferred
Investment Insights
Based on property information with market context.
This for-sale triplex offers three residential units with separate electric meters for each unit and the common area. The rear of the building includes a fire escape serving the upstairs units. The third-floor unit includes a spiral staircase leading to a loft with natural light.
The property is conveniently located just off MacDade Blvd, with easy access to Routes 476 and 95 and public transportation. It is also within walking distance to shopping and dining.
Ready for immediate ownership, the layout supports either an owner-occupied approach or an investor strategy, with the current configuration positioned for straightforward occupancy planning.
The property is conveniently located just off MacDade Blvd, with easy access to Routes 476 and 95 and public transportation. It is also within walking distance to shopping and dining.
Ready for immediate ownership, the layout supports either an owner-occupied approach or an investor strategy, with the current configuration positioned for straightforward occupancy planning.
Key Highlights
- Triplex built in 1975 in Ridley Schools
- Separate electric meters for each unit and the common area
- Third‑floor unit features a spiral staircase to a loft with natural light
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 | $39.7k | $18.00 |
| − Vacancy | −$5.2k | −$2.34 |
| EGI | $34.5k | $15.66 |
| − OpEx | −$10.4k | −$4.70 |
| NOI | $24.2k | $10.96 |
2,206 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.4K
$302.2K – $403.0K
NOI $24,179 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$315.9K
$276.4K – $368.6K
NOI $22,114 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$668.8K
$585.2K – $780.3K
NOI $46,819 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Triplex for sale in Ridley Schools with separate electric meters for each unit and common area.
Where is this triplex located?
The property is located at 310 SYCAMORE AVENUE Folsom, PA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Triplex built in 1975 in Ridley Schools; Separate electric meters for each unit and the common area; Third‑floor unit features a spiral staircase to a loft with natural light
