Duplex with Retail
928 Fox Chase Road Jenkintown, PA 19046
928 Fox Chase Road, Jenkintown, PA, 19046
$449,900
For Sale
$449,900
Property includes two 1-bedroom apartments plus a ground-level retail storefront and two parking spaces.
Property Size1,928 SF
Price / SF$233.35
Days on Market153
Property Features for 928 Fox Chase Road
General Information
- Standard status
- Active
- Size
- 1,928 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1952
Listing agency
RE/MAX Centre Realtors
(215) 290-7673
Listed by
Randa Hayes · License #AB044680A
(215) 290-7673
Source
Compass
Added: Feb 19 Updated: Jul 21 at 10:45PM Checked: Jul 21 at 10:45PM
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 RE/MAX Centre Realtors
Investment Insights
Based on property information with market context.
This property features two 1-bedroom apartments and a ground-level retail storefront. The building includes gas heating and gas hot water, with public water and sewer services. There is a detached 1-car garage and a nice-sized rear yard for tenant use.
Additional parking is available in the driveway, and the site includes two parking spaces. The property is located in Rockledge Borough, in the Abington School District, with access described as close to bus lines and rail lines.
The configuration provides an owner-occupant setup with separate residential units and street-level retail space, along with multiple on-site parking options and a detached garage.
Additional parking is available in the driveway, and the site includes two parking spaces. The property is located in Rockledge Borough, in the Abington School District, with access described as close to bus lines and rail lines.
The configuration provides an owner-occupant setup with separate residential units and street-level retail space, along with multiple on-site parking options and a detached garage.
Key Highlights
- Two 1‑bedroom apartments plus a ground‑level retail storefront
- Two parking spaces included, with additional parking available in the driveway
- Detached 1‑car garage and a nice sized rear yard for tenant use
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 | $42.8k | $22.20 |
| − Vacancy | −$2.8k | −$1.44 |
| EGI | $40.0k | $20.76 |
| − OpEx | −$12.0k | −$6.23 |
| NOI | $28.0k | $14.53 |
1,928 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$400.2K
$350.2K – $466.9K
NOI $28,014 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$372.1K
$325.6K – $434.1K
NOI $26,048 @ 7.0% cap · market cap 5.79%
Theoretical Best
Specialty Retail
$1.11M
$970.4K – $1.29M
NOI $77,630 @ 7.0% cap · market cap 17.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Property includes two 1-bedroom apartments plus a ground-level retail storefront and two parking spaces.
Where is this duplex located?
The property is located at 928 Fox Chase Road Jenkintown, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two 1‑bedroom apartments plus a ground‑level retail storefront; Two parking spaces included, with additional parking available in the driveway; Detached 1‑car garage and a nice sized rear yard for tenant use
