Triplex with Updated
For Sale
$365,000
438 BROOMALL STREET, Folsom, PA 19033
Three residences comprise one two-bedroom unit and two one-bedroom units.
Property Size1,877 SF
Price / SF$194.46
Days on Market9
Property Features for 438 BROOMALL STREET
General Information
Standard status
Active
Size
1,877 SF
Property subtype
Triplex
Units
Unit Mix
2BR/1BA, 1BR/1BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Building Details
Year Built
1948
Listing Agency:
Coldwell Banker Realty
(215) 923-7600
Listed By:
Elma Iris Guardiani · License #RS356072
(267) 432-6704
Source:
Cummingsrealtors
Added: Oct 26
Changed: Nov 3
Last Checked: Nov 3 at 6:33AM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,877-square-foot triplex contains three units: one with two bedrooms and one bathroom, plus two with one bedroom and one bathroom each. Units B and C have vinyl plank flooring, and the property’s roof was installed in 2026. The building dates to 1948.
The Folsom property is minutes from Philadelphia International Airport, major highways, parks, and local amenities.
The Folsom property is minutes from Philadelphia International Airport, major highways, parks, and local amenities.
Key Highlights
- 1,877‑square‑foot triplex with three units
- Unit mix: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
- Roof installed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,573
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,460
$411.5K
Cap Rate 7%
$293,900
$293.9K
Cap Rate 9%
$228,589
$228.6K
Market Conditions
NOI Build-Up for 1,877 SF
Gross rent
$33.8K $18.00/SF
− Vacancy
−$4.4K −$2.34/SF
EGI
$29.4K $15.66/SF
− OpEx
−$8.8K −$4.70/SF
NOI
$20.6K $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%
$411,460
Cap Rate 7%
$293,900
Cap Rate 9%
$228,589
Alternative Uses
Best Use
Multifamily LT 5
$293.9K
$257.2K – $342.9K
NOI $20,573 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$268.8K
$235.2K – $313.6K
NOI $18,816 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$569.1K
$498.0K – $663.9K
NOI $39,836 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 19033, PA
7,798
Population
2,987
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
6,498
Density / Sq Mi
$102,313
Median Household Income
$50,659
Median Earnings
$1,284
Median Rent
$264,300
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
Frequently Asked Questions
What type of property is this?
Triplex - Three residences comprise one two-bedroom unit and two one-bedroom units.
Where is this triplex located?
The property is located at 438 BROOMALL STREET Folsom, PA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 1,877‑square‑foot triplex with three units; Unit mix: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; Roof installed in 2026
