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Colonial Duplex with Finished Third Floor
New
For Sale
$525,000

355 NUTT Road, Phoenixville, PA 19460

MULTI_FAMILY - Colonial - PHOENIXVILLE, PA

Property Size1,924 SF
Lot Size0.09 Acres
Price / SF$272.87
Days on Market6

Property Features for 355 NUTT Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Subdivision NONE AVAILABLE
Elementary school district PHOENIXVILLE AREA
Middle school district PHOENIXVILLE AREA
High school district PHOENIXVILLE AREA
Standard status Active
Size 1,924 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 3941

Utilities

Heating system Forced Air

Building Details

Year built 1900
Number of units 2
Building materials Combination
Architectural style Colonial
Listing Agency: RE/MAX Action Associates · RE/MAX International
Listed By: Jen Hewczuk · License #RS345320
Added: Jul 28 Last Checked: Aug 2 at 2:06PM
MLS# PACT2131540

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.

355 Nutt Road presents a well-maintained Colonial duplex with forced-air heating, on-street parking, and a combination construction style. The property sits on a 0.0868-acre lot and includes 1,924 square feet of total space, built in 1900.

Unit 1 is a first-floor layout with 2 bedrooms and 1 full bathroom. It has been updated with a brand-new kitchen and new flooring in 2026, and it provides direct access to the basement, where a dedicated laundry area is located.

Unit 2 is a two-level unit with 4 bedrooms and 2 full bathrooms. The finished third floor was completed in 2026 and adds two additional bedrooms and a full bathroom, expanding the unit’s living space. Laundry for the second unit is accessed through the exterior entrance to the basement. Major capital improvements already completed include a newer heating system in 2023, along with the first-floor kitchen and flooring updates in 2026 and the completed third floor in 2026.

Key Highlights

  • 0.0868‑acre lot with 1,924 SF total space in a Colonial duplex built in 1900
  • Unit 1: 2 bedrooms, 1 full bath; brand‑new kitchen and flooring completed in 2026
  • Unit 2: 4 bedrooms, 2 full bathrooms, including a finished third floor completed in 2026 with 2 added bedrooms and a full bath

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 $36.9k $19.20
− Vacancy −$5.4k −$2.78
EGI $31.6k $16.42
− OpEx −$9.5k −$4.92
NOI $22.1k $11.49
1,924 SF · lease $19.20/SF/yr · vacancy 14.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$315.8K
$276.4K – $368.5K (±1% cap)
NOI $22,109 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$298.0K
$260.8K – $347.7K (±1% cap)
NOI $20,863 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$583.3K
$510.4K – $680.6K (±1% cap)
NOI $40,834 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Law Firm Locksmith Tech Support Center Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,111
Businesses Nearby

Demographics for 19460, PA

43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Colonial duplex with two rental units, forced-air heat, and major updates including a finished third floor completed in 2026.
Where is this duplex located?
The property is located at 355 NUTT Road Phoenixville, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 0.0868‑acre lot with 1,924 SF total space in a Colonial duplex built in 1900; Unit 1: 2 bedrooms, 1 full bath; brand‑new kitchen and flooring completed in 2026; Unit 2: 4 bedrooms, 2 full bathrooms, including a finished third floor completed in 2026 with 2 added bedrooms and a full bath
More about this property
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