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Sellersville Triplex Investment Opportunity

350 ELMHURST Avenue Sellersville, PA 18960

350 ELMHURST Avenue, Sellersville, PA, 18960

$750,000

For Sale

$750,000

MULTI_FAMILY - Other - SELLERSVILLE, PA

Property Size3,360 SF

Lot Size0.41 Acres

Price / SF$223.21

AddedMay 30

Days on Market47

Last RefreshJul 15 at 2:06 am

Property Features for 350 ELMHURST Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking: 10
Parking features: Driveway, Garage - Attached
Fireplace: 1
Standard status: Active
Size: 3,360 SF
Lot size: 0.41 Acres

Taxes and HOA fees

Tax Annual Amount: 7937

Utilities

Heating system: Electric (Heating), Baseboard
Cooling system: Ceiling Fan(s)

Building Details

Year built: 1990
Number of units: 3
Building materials: Frame, Brick, Vinyl Siding
Architectural style: Other

Listing agent Nisan Miah License #RS375158

Listing office Realty Mark Associates 2250 Terwood Drive, Southampton, PA

Listing date May 30, 2026

MLS# PABU2121854 Listing URL

Investment Insights

Based on property information with market context.

This well-maintained three-unit triplex is an excellent investment opportunity located in Sellersville Borough, within the Pennridge School District. All units are currently occupied by long-term tenants, providing a strong income-producing property with future upside potential. It is suitable for both investors and owner-occupants. The main first-floor unit features hardwood flooring, a brick fireplace with hearth, two carpeted bedrooms with ceiling fans, and access to a front porch. The galley kitchen includes abundant cabinetry and a rear entrance to the yard and attached garage. This unit also has full use of Garage #1 with electric opener and access to the full basement with washer and dryer hookups. Units 2 and 3 are accessed from the rear stoop. Unit 2 mirrors the main unit and features carpeting throughout, ceiling fans, spacious closets, and a galley kitchen with electric cooking and ample cabinet storage. The primary bedroom includes double closets and a full bath with tub shower combination. Unit 3 is a one-bedroom apartment located above the garage, including a walk-in closet, carpeting, galley kitchen with generous cabinet space, and in-unit washer and dryer. Additional features include a new driveway with parking for up to 8 vehicles, attached garage, public water and sewer, and convenient access to shopping, schools, library, and major commuter routes. The property sits on a 0.4132-acre lot and has a property size of 3360 square feet. The owner has obtained township approval to convert the garage into an additional two-bedroom unit.

Key Highlights

Three‑unit triplex built in 1990 with all units currently occupied by long‑term tenants
Main first‑floor unit includes hardwood flooring, brick fireplace with hearth, front porch access, and two carpeted bedrooms with ceiling fans
Unit 3 is a one‑bedroom apartment above the garage with a walk‑in closet, galley kitchen, and in‑unit washer and dryer

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$78.2k	$23.28
− Vacancy	−$2.6k	−$0.77
EGI	$75.6k	$22.51
− OpEx	−$34.0k	−$10.13
NOI	$41.6k	$12.38

3,360 SF · lease $23.28/SF/yr · vacancy 3.30% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$594.3K

$520.0K – $693.4K (±1% cap)

NOI $41,602 @ 7.0% cap · market cap 5.55%

Second Best

Multifamily LT 5

$569.5K

$498.3K – $664.5K (±1% cap)

NOI $39,867 @ 7.0% cap · market cap 5.32%

Theoretical Best

Office A

$1.02M

$891.4K – $1.19M (±1% cap)

NOI $71,310 @ 7.0% cap · market cap 9.51%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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For sale
Triplexes
PA
Sellersville
18960
350 ELMHURST Avenue

What type of property is this?

Triplex - Well-maintained triplex in Sellersville with long-term tenants and income potential.

Where is this triplex located?

The property is located at 350 ELMHURST Avenue Sellersville, PA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Three‑unit triplex built in 1990 with all units currently occupied by long‑term tenants; Main first‑floor unit includes hardwood flooring, brick fireplace with hearth, front porch access, and two carpeted bedrooms with ceiling fans; Unit 3 is a one‑bedroom apartment above the garage with a walk‑in closet, galley kitchen, and in‑unit washer and dryer