Triplex with New
New
For Sale
$365,000
438 BROOMALL Street, Folsom, PA 19033
Multi-Family, FOLSOM, PA
Property Size1,877 SF
Lot Size0.09 Acres
Price / SF$194.46
Days on Market3
Property Features for 438 BROOMALL Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
Driveway, Off Street
Elementary school
GRACE PARK
Middle school
RIDLEY
High school
RIDLEY
Elementary school district
RIDLEY
Middle school district
RIDLEY
High school district
RIDLEY
Standard status
Active
Size
1,877 SF
Lot size
0.09 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
9397
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1948
Number of units
3
Building materials
Stone
Architectural style
Bungalow
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Elma Iris Guardiani · License #RS356072
(267) 432-6704
Added: Oct 26
Last Checked: Oct 28 at 4:06AM
MLS# PADE2126230
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.
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Investment Insights
Based on property information with market context.
This 1948 stone triplex contains 1,877 square feet across three apartments: one with two bedrooms and one bathroom, plus two with one bedroom and one bathroom each. One apartment is vacant. Units B and C have vinyl plank flooring, and the roof was replaced in 2026. The property also includes a basement, forced-air heat, central air, and driveway and off-street parking.
At 438 Broomall Street in Folsom, the property occupies a 0.09-acre lot in Delaware County, Pennsylvania. Philadelphia International Airport, major highways, parks, and local amenities are described as minutes away.
At 438 Broomall Street in Folsom, the property occupies a 0.09-acre lot in Delaware County, Pennsylvania. Philadelphia International Airport, major highways, parks, and local amenities are described as minutes away.
Key Highlights
- Three apartments: one 2‑bedroom/1‑bath unit and two 1‑bedroom/1‑bath units
- New roof installed in 2026
- Units B and C have vinyl plank flooring
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?
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Lease Details
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The three-unit mix includes one two-bedroom apartment and two one-bedroom apartments, with one unit vacant.
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: Three apartments: one 2‑bedroom/1‑bath unit and two 1‑bedroom/1‑bath units; New roof installed in 2026; Units B and C have vinyl plank flooring
