Side-by-Side Duplex For
45 Blanchard Road Drexel Hill, PA 19026
45 Blanchard Road, Drexel Hill, PA, 19026
$315,000
Pending
For Sale
$315,000
Pending
Turnkey side-by-side duplex with two 2-bedroom units, private driveway, off-street parking, and in-unit laundry.
Property Size2,550 SF
Days on Market91
Property Features for 45 Blanchard Road
General Information
- Standard status
- Pending
- Size
- 2,550 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agency
Prime Real Estate Team
(215) 260-3423
Listed by
Raymond Zhao
(215) 260-3423
Source
Compass
Added: Apr 22 Updated: Jul 20 at 4:01PM Checked: Jul 21 at 7:05AM
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 Prime Real Estate Team
Investment Insights
Based on property information with market context.
45–47 Blanchard Rd offers a large side-by-side duplex configured as two 2-bedroom units. One unit includes 2 bathrooms, while the other includes 1.5 bathrooms. The property is described as turnkey, with in-unit laundry and a private driveway providing off-street parking.
The building has separate utilities for gas, electric, and water, with tenants paying for these services. The listing also notes 24-hour notice is required for showings to accommodate the current tenant.
One unit is leased to a long-term tenant with a reported perfect payment history since 2022, while the second unit is vacant and ready for an owner-occupant or a new tenant. A home warranty plan is included with the sale for added coverage regarding the home’s systems.
The building has separate utilities for gas, electric, and water, with tenants paying for these services. The listing also notes 24-hour notice is required for showings to accommodate the current tenant.
One unit is leased to a long-term tenant with a reported perfect payment history since 2022, while the second unit is vacant and ready for an owner-occupant or a new tenant. A home warranty plan is included with the sale for added coverage regarding the home’s systems.
Key Highlights
- Side‑by‑side duplex built in 1925 with two 2‑bedroom units (1 unit has 2 baths; 1 unit has 1.5 baths).
- Separate utilities for gas, electric, and water, paid by tenants.
- Private driveway with ample off‑street parking.
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 | $45.9k | $18.00 |
| − Vacancy | −$6.0k | −$2.34 |
| EGI | $39.9k | $15.66 |
| − OpEx | −$12.0k | −$4.70 |
| NOI | $27.9k | $10.96 |
2,550 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$399.3K
$349.4K – $465.8K
NOI $27,950 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$365.2K
$319.5K – $426.1K
NOI $25,563 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$773.1K
$676.5K – $902.0K
NOI $54,119 @ 7.0% cap · market cap 17.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Turnkey side-by-side duplex with two 2-bedroom units, private driveway, off-street parking, and in-unit laundry.
Where is this duplex located?
The property is located at 45 Blanchard Road Drexel Hill, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1925 with two 2‑bedroom units (1 unit has 2 baths; 1 unit has 1.5 baths).; Separate utilities for gas, electric, and water, paid by tenants.; Private driveway with ample off‑street parking.
