Duplex with Separate
For Sale
$650,000
34 BUTTERNUT Drive, Hatboro, PA 19040
Multi-Family, HATBORO, PA
Property Size3,180 SF
Lot Size0.34 Acres
Price / SF$204.40
Days on Market61
Property Features for 34 BUTTERNUT Drive
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Rooms
Dining Room, Family Room, Basement
Parking features
Driveway
Interior features
Additional Stairway, Attic, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Primary Bath(s)
Appliances
Dishwasher, Dryer, Washer
Subdivision
HALLOWELL
Elementary school
HALLOWELL
Middle school
KEITH VALLEY
High school
HATBORO-HORSHAM SENIOR
Elementary school district
HATBORO-HORSHAM
Middle school district
HATBORO-HORSHAM
High school district
HATBORO-HORSHAM
Standard status
Active
Size
3,180 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Annual Amount
7427
Utilities
Heating system
Heat Pump (Heating), Electric (Heating), Zoned, Baseboard, Central, Hot Water(Heating), Forced Air
Cooling system
Central Air
Amenities
covered patio
private deck
fenced backyard
first-floor laundry
mudroom
walk-in closet
en-suite bath
glass-enclosed shower
wet bar
breakfast bar
stainless-steel appliances
dedicated HVAC
walk-in attic
laundry hookups
Building Details
Year built
1955
Number of units
2
Building materials
Vinyl Siding, Brick, Block
Architectural style
Ranch, Colonial
Listing Agency:
Coldwell Banker Hearthside-Doylestown · Coldwell Banker Real Estate
(215) 340-3500
Listed By:
Moya Shea · License #AB068133
(267) 278-2018
Added: Aug 16
Changed: Oct 9
Last Checked: Oct 15 at 6:06AM
MLS# PAMC2191334
Copyright © 2026 Bright MLS. 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.
This 3,180-square-foot duplex on a 0.3403-acre lot has six bedrooms and three full baths. The main level includes an open kitchen with a peninsula breakfast bar, living areas, a formal dining room, laundry, mudroom, and a primary suite with a walk-in closet and en-suite bath. A 2016 renovation added a great room and primary suite, along with a second-story apartment featuring two bedrooms, a full bath, living room, wet bar with island, and laundry hookups. The apartment is accessible from inside or through its own exterior entrance and has a private deck, dedicated HVAC, and floored walk-in attic.
The property also has central air, a driveway, and a level, fenced backyard. A covered patio extends along the home. The roof and windows were replaced during the 2016 renovation. The residence is in the Hatboro-Horsham School District.
The property also has central air, a driveway, and a level, fenced backyard. A covered patio extends along the home. The roof and windows were replaced during the 2016 renovation. The residence is in the Hatboro-Horsham School District.
Key Highlights
- 3,180‑square‑foot duplex on a 0.3403‑acre lot
- Six bedrooms and three full baths
- 2016 renovation included a second‑story, two‑bedroom apartment with separate exterior access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,205
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,100
$924.1K
Cap Rate 7%
$660,071
$660.1K
Cap Rate 9%
$513,389
$513.4K
Market Conditions
NOI Build-Up for 3,180 SF
Gross rent
$70.6K $22.20/SF
− Vacancy
−$4.6K −$1.44/SF
EGI
$66.0K $20.76/SF
− OpEx
−$19.8K −$6.23/SF
NOI
$46.2K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,100
Cap Rate 7%
$660,071
Cap Rate 9%
$513,389
Alternative Uses
Best Use
Multifamily LT 5
$660.1K
$577.6K – $770.1K
NOI $46,205 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$613.8K
$537.0K – $716.1K
NOI $42,963 @ 7.0% cap · market cap 6.61%
Theoretical Best
Specialty Retail
$1.83M
$1.60M – $2.13M
NOI $128,042 @ 7.0% cap · market cap 19.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 19040, PA
22,396
Population
8,277
Households
2.7
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
3,796
Density / Sq Mi
$109,207
Median Household Income
$53,603
Median Earnings
$1,657
Median Rent
$367,700
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 - A renovated two-level residence pairs a main home with a self-contained second-floor unit and separate exterior access.
Where is this duplex located?
The property is located at 34 BUTTERNUT Drive Hatboro, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,180‑square‑foot duplex on a 0.3403‑acre lot; Six bedrooms and three full baths; 2016 renovation included a second‑story, two‑bedroom apartment with separate exterior access
