Two-Unit Duplex with Finished
For Sale
$1,200,000
3554 3554-3556 Woodcrest Ave, Newtown Square, PA 19073
Each residence offers three finished floors, updated major systems, and flexible living arrangements.
Property Size4,454 SF
Price / SF$269.42
Days on Market48
Property Features for 3554 3554-3556 Woodcrest Ave
General Information
Standard status
Active
Size
4,454 SF
Total Parking Spaces
9
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2.5BA, 1 x 4BR/3.5BA
Multifamily Units
2
Additional Details
Road Access
Yes
Building Details
Year Built
1965
Stories
3
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Richard A. Opperman Jr. · License #AB-051326-L
(610) 489-2100
Source:
Yourchestercountyhomesearch
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 7 at 4:26PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 4,454-square-foot duplex contains two spacious residences, each with three floors of completed living space. Unit 3554 includes 3 bedrooms, 2.5 bathrooms, and a finished lower level, while Unit 3556 provides 4 bedrooms, 3.5 bathrooms, and its own finished lower level. One unit also includes a kitchenette, bedroom, full bathroom, and living room with a private entrance and exit, creating flexible additional living space.
The property has received updates to major systems, including HVAC, replacement windows, and the roof. A private driveway provides parking for up to 9 vehicles. Built in 1965, the duplex is located at 3554-3556 Woodcrest Ave in Newtown Square, with shopping, restaurants, businesses, grocery stores, and other everyday services nearby. Its setting on a less-traveled road provides a quieter environment while retaining convenient access to surrounding amenities.
The property has received updates to major systems, including HVAC, replacement windows, and the roof. A private driveway provides parking for up to 9 vehicles. Built in 1965, the duplex is located at 3554-3556 Woodcrest Ave in Newtown Square, with shopping, restaurants, businesses, grocery stores, and other everyday services nearby. Its setting on a less-traveled road provides a quieter environment while retaining convenient access to surrounding amenities.
Key Highlights
- Two‑unit duplex totaling 4,454 SF
- Unit 3554 offers 3 bedrooms and 2.5 bathrooms
- Unit 3556 offers 4 bedrooms and 3.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,819
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,380
$976.4K
Cap Rate 7%
$697,414
$697.4K
Cap Rate 9%
$542,433
$542.4K
Market Conditions
NOI Build-Up for 4,454 SF
Gross rent
$80.2K $18.00/SF
− Vacancy
−$10.4K −$2.34/SF
EGI
$69.7K $15.66/SF
− OpEx
−$20.9K −$4.70/SF
NOI
$48.8K $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%
$976,380
Cap Rate 7%
$697,414
Cap Rate 9%
$542,433
Alternative Uses
Best Use
Multifamily LT 5
$697.4K
$610.2K – $813.7K
NOI $48,819 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$637.9K
$558.1K – $744.2K
NOI $44,650 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,529 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
955
Businesses Nearby
Explore this area
Business Placement
Demographics for 19073, PA
20,853
Population
8,645
Households
2.4
Avg Household Size
50
Median Age
65%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,017
Density / Sq Mi
$131,061
Median Household Income
$82,880
Median Earnings
$1,987
Median Rent
$581,400
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 - Each residence offers three finished floors, updated major systems, and flexible living arrangements.
Where is this duplex located?
The property is located at 3554 3554-3556 Woodcrest Ave Newtown Square, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 4,454 SF; Unit 3554 offers 3 bedrooms and 2.5 bathrooms; Unit 3556 offers 4 bedrooms and 3.5 bathrooms
