Four-Unit Residential Income
410 Folcroft Avenue Folcroft, PA 19032
410 Folcroft Avenue, Folcroft, PA, 19032
$450,000
Pending
For Sale
$450,000
Pending
Four-unit building with three short-term rental units and one long-term tenant in place.
Property Size2,887 SF
Days on Market33
Property Features for 410 Folcroft Avenue
General Information
- Standard status
- Pending
- Size
- 2,887 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing agency
EXP Realty, LLC
(267) 259-6034
Listed by
Lay Gauv · License #RS340985
(267) 259-6034
Source
Compass
Added: Jun 20 Updated: Jul 21 at 11:19AM Checked: Jul 21 at 11:19AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential property is set up to generate multiple income streams from day one, with three units currently operated through short-term rental arrangements and one unit under a long-term tenancy. Current occupants have expressed interest in remaining in place, which may support immediate operational continuity for an investor. The property is described as exceptionally cared for by current occupants and ownership.
Located near major employers, healthcare systems, universities, and transportation hubs, the building is approximately 9 minutes from Philadelphia International Airport, the Philadelphia Cruise Terminal, and Boeing. It is also about 7 minutes from Taylor Hospital, 9 minutes from Widener University, and 12 minutes from Swarthmore College, with CHOP, UPenn, and Center City Philadelphia approximately 20 minutes away. Folcroft Train Station is just a short 5-minute walk, providing convenient regional access.
The asset is offered for sale in Delaware County in Folcroft, PA.
Located near major employers, healthcare systems, universities, and transportation hubs, the building is approximately 9 minutes from Philadelphia International Airport, the Philadelphia Cruise Terminal, and Boeing. It is also about 7 minutes from Taylor Hospital, 9 minutes from Widener University, and 12 minutes from Swarthmore College, with CHOP, UPenn, and Center City Philadelphia approximately 20 minutes away. Folcroft Train Station is just a short 5-minute walk, providing convenient regional access.
The asset is offered for sale in Delaware County in Folcroft, PA.
Key Highlights
- Four‑unit building with three short‑term rental units and one long‑term tenant in place
- Income‑producing setup with multiple income streams from day one via short‑term rental arbitrage plus a long‑term tenant
- Year built 1920; well‑maintained property with existing systems already established
Local 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 | $52.0k | $18.00 |
| − Vacancy | −$6.8k | −$2.34 |
| EGI | $45.2k | $15.66 |
| − OpEx | −$13.6k | −$4.70 |
| NOI | $31.6k | $10.96 |
2,887 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$452.1K
$395.6K – $527.4K
NOI $31,644 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$413.4K
$361.8K – $482.4K
NOI $28,941 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$875.3K
$765.9K – $1.02M
NOI $61,272 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Alpha Marketing Systems
Business Management Consultant
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FAQs
What type of property is this?
Quadplex - Four-unit building with three short-term rental units and one long-term tenant in place.
Where is this quadplex located?
The property is located at 410 Folcroft Avenue Folcroft, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit building with three short‑term rental units and one long‑term tenant in place; Income‑producing setup with multiple income streams from day one via short‑term rental arbitrage plus a long‑term tenant; Year built 1920; well‑maintained property with existing systems already established
