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Turnkey Duplex with Private Backyards

932 Township Line Road Elkins Park, PA 19027

932 Township Line Road, Elkins Park, PA, 19027
$365,000
For Sale
$365,000

Well-maintained duplex offers two 2-bedroom, 1-bath units and private, generously sized backyards.

Property Size1,544 SF
Price / SF$236.40
Days on Market81

Property Features for 932 Township Line Road

General Information

Standard status
Active
Size
1,544 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1905
Listing agency Keller Williams Real Estate Tri-County
Listed by Eric Lerman · License #RS339653
Source Compass
Added: May 2 Updated: Jul 21 at 5:21AM Checked: Jul 21 at 5:21AM

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 Real Estate Tri-County


Investment Insights

Based on property information with market context.

This well-maintained duplex presents a turnkey opportunity with two residential units. Each unit features two bedrooms and one full bathroom with functional kitchen space and comfortable, bright living areas.

The property includes outdoor space with private, generously sized backyards, providing additional usable area for everyday enjoyment.

Located in the Abington School District, this duplex is offered for sale in Elkins Park, Pennsylvania.

Key Highlights

  • Duplex built in 1905 in Montgomery County (MLS Area: Abington Twp 10630)
  • Two units total, each with 2 bedrooms and 1 full bath
  • Well‑maintained duplex with comfortable, functional unit layouts

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 $34.3k $22.20
− Vacancy −$2.2k −$1.44
EGI $32.0k $20.76
− OpEx −$9.6k −$6.23
NOI $22.4k $14.53
1,544 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$320.5K
$280.4K – $373.9K (±1% cap)
NOI $22,434 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$298.0K
$260.8K – $347.7K (±1% cap)
NOI $20,860 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$888.1K
$777.1K – $1.04M (±1% cap)
NOI $62,169 @ 7.0% cap · market cap 17.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service Building Supply Garden Center Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex offers two 2-bedroom, 1-bath units and private, generously sized backyards.
Where is this duplex located?
The property is located at 932 Township Line Road Elkins Park, PA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Duplex built in 1905 in Montgomery County (MLS Area: Abington Twp 10630); Two units total, each with 2 bedrooms and 1 full bath; Well‑maintained duplex with comfortable, functional unit layouts
Contact an agent
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