Duplex with Finished Lower
New
For Sale
$369,900
4413 Rosemont Ave, Drexel Hill, PA 19026
Both two-bedroom residences have separate gas and electric meters, private laundry, and individual heating and central air systems.
Property Size1,656 SF
Price / SF$223.37
Days on Market4
Property Features for 4413 Rosemont Ave
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Multi-Family
Units
Multifamily Units
2
Individually Metered Utilities
gas, electric
Amenities
in-unit laundry
central air conditioning
forced air heating
Building Details
Year Built
1960
Buildings
1
Listing Agency:
BHHS Fox & Roach Malvern-Paoli
Listed By:
Shelley Guinessy · License #RS187634L
(610) 822-9953
Source:
Viewmarylandhomesforsale
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 10:52AM
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 BHHS Fox & Roach Malvern-Paoli
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Investment Insights
Based on property information with market context.
This 1,656-square-foot duplex, built in 1960, contains two two-bedroom residences. The first unit connects to a finished lower level with an additional full bathroom and laundry. The second unit has in-unit laundry. Each residence has its own forced-air heating and central air conditioning, along with separate gas and electric meters.
Recent property work includes two new hot water heaters, sewer line relining, partial replacement of the main plumbing stack with PVC connections, brick repointing, and chimney restoration with a new crown and cap. The property also has an attached garage for one small car and storage, plus two off-street parking spaces.
Recent property work includes two new hot water heaters, sewer line relining, partial replacement of the main plumbing stack with PVC connections, brick repointing, and chimney restoration with a new crown and cap. The property also has an attached garage for one small car and storage, plus two off-street parking spaces.
Key Highlights
- Two 2‑bedroom units, each with separate gas and electric meters
- 1,656‑square‑foot duplex built in 1960
- Finished lower level with an additional full bathroom and laundry in the first unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,151
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,020
$363.0K
Cap Rate 7%
$259,300
$259.3K
Cap Rate 9%
$201,678
$201.7K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$29.8K $18.00/SF
− Vacancy
−$3.9K −$2.34/SF
EGI
$25.9K $15.66/SF
− OpEx
−$7.8K −$4.70/SF
NOI
$18.2K $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%
$363,020
Cap Rate 7%
$259,300
Cap Rate 9%
$201,678
Alternative Uses
Best Use
Multifamily LT 5
$259.3K
$226.9K – $302.5K
NOI $18,151 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$237.2K
$207.5K – $276.7K
NOI $16,601 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$502.1K
$439.3K – $585.8K
NOI $35,146 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
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Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
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 - Both two-bedroom residences have separate gas and electric meters, private laundry, and individual heating and central air systems.
Where is this duplex located?
The property is located at 4413 Rosemont Ave Drexel Hill, PA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two 2‑bedroom units, each with separate gas and electric meters; 1,656‑square‑foot duplex built in 1960; Finished lower level with an additional full bathroom and laundry in the first unit
