Turnkey Two-Unit
622 COUNTRY LANE Morton, PA 19070
For Sale
$529,900
MULTI_FAMILY - MORTON, PA
Property Size2,112 SF
Price / SF$250.90
Days on Market10
Property Features for 622 COUNTRY LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 2,112 SF
Building Details
- Year built
- 1980
Listing Agency:
BHHS Fox & Roach Haverford Sales Office
(610) 649-4500
Listed By:
Claude Canavati · License #RS319752
(610) 209-0748
Added: Jul 14
Changed: Jul 23
Last Checked: Jul 23 at 4:06PM
MLS# PADE2119228
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separate 2-bedroom, 1.5-bath apartments. Each unit includes a spacious living area, an eat-in kitchen, hallway storage, a full hall bath, and a primary bedroom with a private powder room and sliding glass doors to a balcony. The first-floor unit has laminate flooring and was renovated approximately two years ago, while the second-floor unit features wall-to-wall carpeting.
The apartments have separate utilities and share a basement with laundry and storage areas for both units, along with access to the attached garages. The property also includes central air, an attached 2-car garage with automatic door openers, driveway parking for up to four additional vehicles, and a large backyard.
Located in Morton, Pennsylvania within the Springfield School District, the property sits on a quiet cul-de-sac. The area is described as being convenient to shopping, restaurants, public transportation, Philadelphia International Airport (approximately 20 minutes away), Springfield Mall (10 minutes away), and Center City Philadelphia (about 30 minutes away).
The apartments have separate utilities and share a basement with laundry and storage areas for both units, along with access to the attached garages. The property also includes central air, an attached 2-car garage with automatic door openers, driveway parking for up to four additional vehicles, and a large backyard.
Located in Morton, Pennsylvania within the Springfield School District, the property sits on a quiet cul-de-sac. The area is described as being convenient to shopping, restaurants, public transportation, Philadelphia International Airport (approximately 20 minutes away), Springfield Mall (10 minutes away), and Center City Philadelphia (about 30 minutes away).
Key Highlights
- Fully rented duplex built in 1980 with two 2‑bedroom, 1.5‑bath apartments and separate utilities
- Each unit has a primary bedroom with a private powder room and sliding glass doors to a balcony
- First‑floor unit renovated approximately two years ago with new cabinetry and granite countertops in the eat‑in kitchen
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 | $38.0k | $18.00 |
| − Vacancy | −$4.9k | −$2.34 |
| EGI | $33.1k | $15.66 |
| − OpEx | −$9.9k | −$4.70 |
| NOI | $23.1k | $10.96 |
2,112 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$330.7K
$289.4K – $385.8K
NOI $23,149 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$302.5K
$264.7K – $352.9K
NOI $21,172 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$640.3K
$560.3K – $747.1K
NOI $44,824 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom units, separate utilities, central air, and attached two-car garages.
Where is this duplex located?
The property is located at 622 COUNTRY LANE Morton, PA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Fully rented duplex built in 1980 with two 2‑bedroom, 1.5‑bath apartments and separate utilities; Each unit has a primary bedroom with a private powder room and sliding glass doors to a balcony; First‑floor unit renovated approximately two years ago with new cabinetry and granite countertops in the eat‑in kitchen
