Residential Income Property with
For Sale
$195,000
100 WEST AVENUE Unit 228-S, Jenkintown, PA 19046
Two bedrooms, two bathrooms, and on-site building services are part of this single-level residence.
Property Size1,092 SF
Days on Market9
Property Features for 100 WEST AVENUE Unit 228-S
General Information
Standard status
Active
Size
1,092 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,309
Amenities
pool
24-hour door staff
controlled access
package receiving
private balcony
private storage
HVAC filter replacement
Building Details
Building Size
1,092 SF
Year Built
1965
Listing Agency:
EXP Realty, LLC
Listed By:
Shaina McAndrews · License #RS336569
(215) 767-7150
Source:
Lizclarkrealestate
Added: Oct 2
Changed: Oct 8
Last Checked: Oct 10 at 2:14AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This one-level, two-bedroom, two-bath residence has an open living and dining area, a kitchen with gas cooking, and a private balcony. The primary bedroom includes an ensuite bath and two closets; a second bedroom and hall bath add flexibility. A basement storage unit provides additional space. The unit has new oak luxury vinyl plank flooring, fresh paint, updated light fixtures, and appliances from 2026. The building dates to 1965.
Building amenities and services include 24/7 door staff, controlled access, package handling, a community pool, and resident and guest parking. Optional garage parking is available. Heating, cooling, electricity, gas, water, sewer, trash, and snow removal are included in the monthly fee. The Jenkintown-Wyncote train station is directly across from the community, with access to Regional Rail service. Jenkintown Elementary School, restaurants, shops, a theatre, and community events are also within walking distance.
Building amenities and services include 24/7 door staff, controlled access, package handling, a community pool, and resident and guest parking. Optional garage parking is available. Heating, cooling, electricity, gas, water, sewer, trash, and snow removal are included in the monthly fee. The Jenkintown-Wyncote train station is directly across from the community, with access to Regional Rail service. Jenkintown Elementary School, restaurants, shops, a theatre, and community events are also within walking distance.
Key Highlights
- Two bedrooms and two bathrooms in a single‑level layout
- Private balcony and basement storage unit
- Gas cooking; appliances from 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,753
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,060
$295.1K
Cap Rate 7%
$210,757
$210.8K
Cap Rate 9%
$163,922
$163.9K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$28.6K $26.16/SF
− Vacancy
−$1.7K −$1.60/SF
EGI
$26.8K $24.56/SF
− OpEx
−$12.1K −$11.05/SF
NOI
$14.8K $13.51/SF
Area
Montgomery County, PA
Vacancy
6.10%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,060
Cap Rate 7%
$210,757
Cap Rate 9%
$163,922
Alternative Uses
Best Use
Apartment 5plus
$210.8K
$184.4K – $245.9K
NOI $14,753 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$628.1K
$549.6K – $732.8K
NOI $43,969 @ 7.0% cap · market cap 22.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,599
Businesses Nearby
Explore this area
Business Placement
Demographics for 19046, PA
19,669
Population
8,418
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
2,936
Density / Sq Mi
$112,959
Median Household Income
$66,042
Median Earnings
$1,433
Median Rent
$446,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms, two bathrooms, and on-site building services are part of this single-level residence.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 228-S Jenkintown, PA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in a single‑level layout; Private balcony and basement storage unit; Gas cooking; appliances from 2026
