Brick Duplex With Updated
907 North Street Collingdale, PA 19023
907 North Street, Collingdale, PA, 19023
$350,000
For Sale
$350,000
Well-maintained brick duplex with two recently updated units, including central air on the first floor.
Property Size1,652 SF
Price / SF$211.86
Days on Market171
Property Features for 907 North Street
General Information
- Standard status
- Active
- Size
- 1,652 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1960
Listing agency
Keller Williams Main Line
(610) 308-8078
Listed by
Stephen Karpinski · License #RS351307
(610) 308-8078
Source
Compass
Added: Feb 1 Updated: Jul 21 at 4:04AM Checked: Jul 21 at 4:04AM
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 Keller Williams Main Line
Investment Insights
Based on property information with market context.
Well-maintained brick duplex featuring two recently updated units. The first-floor unit offers 2 bedrooms and 1 full bathroom, with gas heat and central air. The second-floor unit includes 1 bedroom and 1 full bathroom, with electric baseboard heat and window A/C units. Both units have been recently updated and are presented as turn-key.
The property is located in Collingdale in Delaware County, in the Collingdale Boro MLS area (10411). The first-floor unit includes use of the driveway and backyard.
Current rents are stated as $1,475 per month for the first-floor unit and $1,195 per month for the second-floor unit.
The property is located in Collingdale in Delaware County, in the Collingdale Boro MLS area (10411). The first-floor unit includes use of the driveway and backyard.
Current rents are stated as $1,475 per month for the first-floor unit and $1,195 per month for the second-floor unit.
Key Highlights
- Well‑maintained brick duplex built in 1960 with two recently updated units.
- First‑floor unit: 2 beds, 1 full bath; gas heat and central air; rent $1,475/month.
- Second‑floor unit: 1 bed, 1 full bath; electric baseboard heat and window A/C; rent $1,195/month.
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 | $29.7k | $18.00 |
| − Vacancy | −$3.9k | −$2.34 |
| EGI | $25.9k | $15.66 |
| − OpEx | −$7.8k | −$4.70 |
| NOI | $18.1k | $10.96 |
1,652 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$258.7K
$226.3K – $301.8K
NOI $18,107 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$236.6K
$207.0K – $276.0K
NOI $16,561 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$500.9K
$438.3K – $584.4K
NOI $35,061 @ 7.0% cap · market cap 10.02%
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 - Well-maintained brick duplex with two recently updated units, including central air on the first floor.
Where is this duplex located?
The property is located at 907 North Street Collingdale, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Well‑maintained brick duplex built in 1960 with two recently updated units.; First‑floor unit: 2 beds, 1 full bath; gas heat and central air; rent $1,475/month.; Second‑floor unit: 1 bed, 1 full bath; electric baseboard heat and window A/C; rent $1,195/month.
