Renovated Two-Bedroom
100 WEST AVENUE Unit 415-W, Jenkintown, PA 19046
For Sale
New
$229,900
The unit includes two full bathrooms, an updated kitchen, and building services covered by the condo fee.
Property Size1,109 SF
Days on Market6
Property Features for 100 WEST AVENUE Unit 415-W
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
pool
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX Ready
Listed By:
Robert Abbott · License PA RS195299L
(610) 248-8875
Source:
Lizclarkrealestate
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:39PM
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 Ready
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bathroom condominium, built in 1965, has been renovated with a refreshed kitchen and bathrooms. Kitchen features include quartz counters, cabinetry, a subway tile backsplash, and stainless steel stove, microwave, dishwasher, and sink. Luxury vinyl plank flooring, new baseboards, and updated electrical outlets are also included.
The condo fee covers gas, electricity, water, sewer, HVAC maintenance and replacement, trash service, snow removal, and exterior maintenance. Parking is available, and pool access can be obtained for an additional fee.
The property is within walking distance of the SEPTA Jenkintown/Wyncote Regional Rail Station, Jenkintown Borough Public Schools, restaurants, coffee shops, and shopping. Routes 611, 309, and 73 provide additional road access.
The condo fee covers gas, electricity, water, sewer, HVAC maintenance and replacement, trash service, snow removal, and exterior maintenance. Parking is available, and pool access can be obtained for an additional fee.
The property is within walking distance of the SEPTA Jenkintown/Wyncote Regional Rail Station, Jenkintown Borough Public Schools, restaurants, coffee shops, and shopping. Routes 611, 309, and 73 provide additional road access.
Key Highlights
- Two bedrooms and two full bathrooms
- Kitchen updated with quartz counters, cabinetry, subway tile backsplash, and stainless steel appliances
- Renovated bathrooms, luxury vinyl plank flooring, new baseboards, and updated electrical outlets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,983
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,660
$299.7K
Cap Rate 7%
$214,043
$214.0K
Cap Rate 9%
$166,478
$166.5K
Market Conditions
NOI Build-Up for 1,109 SF
Gross rent
$29.0K $26.16/SF
− Vacancy
−$1.8K −$1.60/SF
EGI
$27.2K $24.56/SF
− OpEx
−$12.3K −$11.05/SF
NOI
$15.0K $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%
$299,660
Cap Rate 7%
$214,043
Cap Rate 9%
$166,478
Alternative Uses
Best Use
Apartment 5plus
$214.0K
$187.3K – $249.7K
NOI $14,983 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$637.9K
$558.2K – $744.2K
NOI $44,654 @ 7.0% cap · market cap 19.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
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
$446,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Montgomery County, PA
Properties on Market for Residential income properties in Montgomery County
Frequently Asked Questions
What type of property is this?
Residential income property - The unit includes two full bathrooms, an updated kitchen, and building services covered by the condo fee.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 415-W Jenkintown, PA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; Kitchen updated with quartz counters, cabinetry, subway tile backsplash, and stainless steel appliances; Renovated bathrooms, luxury vinyl plank flooring, new baseboards, and updated electrical outlets
