Duplex with Two-Car
For Sale
$299,900
774 BURMONT ROAD, Drexel Hill, PA 19026
Each residence has hardwood flooring, separate laundry hookups, and its own electric service.
Property Size1,784 SF
Price / SF$168.11
Days on Market13
Property Features for 774 BURMONT ROAD
General Information
Standard status
Active
Size
1,784 SF
Total Parking Spaces
4
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
basement storage
laundry hookups
side sitting area
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Coldwell Banker Realty
(610) 566-1100
Listed By:
Christopher M McGarry
(610) 742-1948
Source:
Cummingsrealtors
Added: Sep 24
Changed: Oct 6
Last Checked: Oct 5 at 7:06PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 1,784-square-foot duplex in Drexel Hill was built in 1950 and contains two residences, each with 2 bedrooms and 1 bathroom. Both units feature hardwood floors, a living room, a kitchen, and closet storage. The basement provides additional storage and separate laundry hookups for each residence.
A two-car garage and driveway parking for two more vehicles serve the property. A side sitting area offers additional outdoor space. Each unit also has separate electric service.
A two-car garage and driveway parking for two more vehicles serve the property. A side sitting area offers additional outdoor space. Each unit also has separate electric service.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,784 square feet; built in 1950
- Hardwood floors, living rooms, kitchens, and closet storage in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,554
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,080
$391.1K
Cap Rate 7%
$279,343
$279.3K
Cap Rate 9%
$217,267
$217.3K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$32.1K $18.00/SF
− Vacancy
−$4.2K −$2.34/SF
EGI
$27.9K $15.66/SF
− OpEx
−$8.4K −$4.70/SF
NOI
$19.6K $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%
$391,080
Cap Rate 7%
$279,343
Cap Rate 9%
$217,267
Alternative Uses
Best Use
Multifamily LT 5
$279.3K
$244.4K – $325.9K
NOI $19,554 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$255.5K
$223.6K – $298.1K
NOI $17,884 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$540.9K
$473.3K – $631.0K
NOI $37,862 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has hardwood flooring, separate laundry hookups, and its own electric service.
Where is this duplex located?
The property is located at 774 BURMONT ROAD Drexel Hill, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,784 square feet; built in 1950; Hardwood floors, living rooms, kitchens, and closet storage in both units
