Two-Unit Brick
8534 VERREE ROAD Philadelphia, PA 19111
For Sale
Under Contract
$455,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,848 SF
Price / SF$246.21
Days on Market75
Property Features for 8534 VERREE ROAD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active Under Contract
- Size
- 1,848 SF
Building Details
- Year built
- 1954
Listing Agency:
BHHS Fox & Roach Media Home Marketing Center
(610) 566-3000
Listed By:
Charlotte Martin
(610) 202-9558
Added: May 12
Changed: Jul 23
Last Checked: Jul 25 at 3:06AM
MLS# PAPH2620032
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 two-unit twin brick duplex offers two separate residences, each with two bedrooms, one bath, and a kitchen and dining area. The basement is finished and includes laundry hookups, with inside access for each tenant from the foyer. A two-car garage is included, and all utilities are separate for each unit.
The property is located in Fox Chase with Champions Park visible from the front door. Public transportation is available at the corner, and the home is described as just minutes from I-95, with shopping nearby.
Each unit functions independently, making the layout suitable for an owner-occupant or an investor seeking a straightforward two-unit configuration.
The property is located in Fox Chase with Champions Park visible from the front door. Public transportation is available at the corner, and the home is described as just minutes from I-95, with shopping nearby.
Each unit functions independently, making the layout suitable for an owner-occupant or an investor seeking a straightforward two-unit configuration.
Key Highlights
- 1954 two‑unit brick duplex in Fox Chase
- Two identical units, each with 2 bedrooms, 1 bath, kitchen, and dining area
- Finished basement with laundry hookups plus inside access from each unit
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 | $36.6k | $19.80 |
| − Vacancy | −$1.1k | −$0.62 |
| EGI | $35.4k | $19.18 |
| − OpEx | −$10.6k | −$5.75 |
| NOI | $24.8k | $13.43 |
1,848 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$354.5K
$310.2K – $413.5K
NOI $24,812 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$326.9K
$286.0K – $381.4K
NOI $22,881 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$560.3K
$490.3K – $653.7K
NOI $39,221 @ 7.0% cap · market cap 8.62%
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 - Two separate two-bedroom units in a brick duplex with finished basement, laundry hookups, and a two-car garage.
Where is this duplex located?
The property is located at 8534 VERREE ROAD Philadelphia, PA.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 1954 two‑unit brick duplex in Fox Chase; Two identical units, each with 2 bedrooms, 1 bath, kitchen, and dining area; Finished basement with laundry hookups plus inside access from each unit
