Twin Duplex with Two-Car
New
For Sale
$410,000
612 Country Ln, Morton, PA 19070
Two matching residential units offer private bedrooms, balconies, dedicated laundry areas, and access to a shared lower-level garage.
Property Size2,112 SF
Price / SF$194.13
Days on Market3
Property Features for 612 Country Ln
General Information
Standard status
Active
Size
2,112 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
balcony
laundry room
partially finished basement
Building Details
Year Built
1982
Buildings
1
Listing Agency:
Premier Property Sales & Rentals
(610) 329-7857
Listed By:
Tammy Feby · License #RS210469L
Source:
Kathywolfgang
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 7:12PM
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 Premier Property Sales & Rentals
Investment Insights
Based on property information with market context.
This 2,112-square-foot duplex contains two matching units, each arranged with a living room, dining area, kitchen, two bedrooms, a walk-in closet, a powder room, and a balcony. Kitchens include ceramic tile flooring, built-in dishwashers, and refrigerators. The first-floor bathroom has been remodeled with tile finishes and a walk-in shower.
The property also includes a partially finished basement, a tiled walkout area, separate laundry space for each unit, and utility and storage areas. A two-car garage provides additional enclosed storage. The duplex is located in Morton and falls within the Springfield School District, with metro and commuter rail stations nearby.
The property also includes a partially finished basement, a tiled walkout area, separate laundry space for each unit, and utility and storage areas. A two-car garage provides additional enclosed storage. The duplex is located in Morton and falls within the Springfield School District, with metro and commuter rail stations nearby.
Key Highlights
- 2,112 SF twin duplex with two matching residential units
- Each unit includes 2 bedrooms, a walk‑in closet, balcony, powder room, and dedicated laundry area
- Kitchens feature ceramic tile floors, built‑in dishwashers, and refrigerators
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,149
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$462,980
$463.0K
Cap Rate 7%
$330,700
$330.7K
Cap Rate 9%
$257,211
$257.2K
Market Conditions
NOI Build-Up for 2,112 SF
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.
Gross rent
$38.0K $18.00/SF
− Vacancy
−$4.9K −$2.34/SF
EGI
$33.1K $15.66/SF
− OpEx
−$9.9K −$4.70/SF
NOI
$23.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$462,980
Cap Rate 7%
$330,700
Cap Rate 9%
$257,211
Alternative Uses
Best Use
Multifamily LT 5
$330.7K
$289.4K – $385.8K
NOI $23,149 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$302.5K
$264.7K – $352.9K
NOI $21,172 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$640.3K
$560.3K – $747.1K
NOI $44,824 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
Explore this area
Business Placement
Demographics for 19070, PA
7,306
Population
2,707
Households
2.7
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
1.1 sq mi
ZIP Area
6,642
Density / Sq Mi
$81,375
Median Household Income
$53,434
Median Earnings
$1,300
Median Rent
$283,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching residential units offer private bedrooms, balconies, dedicated laundry areas, and access to a shared lower-level garage.
Where is this duplex located?
The property is located at 612 Country Ln Morton, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 2,112 SF twin duplex with two matching residential units; Each unit includes 2 bedrooms, a walk‑in closet, balcony, powder room, and dedicated laundry area; Kitchens feature ceramic tile floors, built‑in dishwashers, and refrigerators
