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One-Bedroom Condominium with Balcony
For Sale
$150,000

100 WEST AVENUE Unit 606-W, Jenkintown, PA 19046

The monthly condo fee covers all utilities, and residents control the West Building thermostats.

Property Size723 SF
Days on Market19

Property Features for 100 WEST AVENUE Unit 606-W

General Information

Standard status Active
Size 723 SF
Property subtype Unit/Flat/Apartment

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,026

Amenities

pool
laundry room
storage unit

Building Details

Building Size 723 SF
Year Built 1965
Listing Agency: Keller Williams Real Estate Tri-County
Listed By: Colleen Sabina · License #RS224085L
Source: Lizclarkrealestate
Added: Sep 22 Changed: Oct 7 Last Checked: Oct 10 at 2:20AM

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 1965 condominium has a foyer with a double closet, one bedroom, a separate dining room, and a spacious living room that opens to a balcony. Hardwood floors run throughout, and the unit has been freshly painted. The kitchen features updated white cabinetry, a gas range, built-in dishwasher, over-the-range microwave, and a pass-through window. The full hall bath includes a soaking tub and storage vanity. Closet organizers and additional storage are provided, with a separate storage unit and laundry room down the hall.

The condo fee includes all utilities, while residents control the thermostats in the West Building. Major roads are accessible, and public transportation and the train station are within walking distance. Nearby destinations named include Keswick Theatre, Abington Art Center, and Alverthorpe Park, which has walking trails, tennis, golf, and playgrounds.

Key Highlights

  • One‑bedroom layout with separate dining room and spacious living room
  • Balcony accessed from the living room
  • Updated kitchen with gas range, built‑in dishwasher, and over‑the‑range microwave

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,768
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,360 $195.4K
Cap Rate 7%
$139,543 $139.5K
Cap Rate 9%
$108,533 $108.5K
Market Conditions
NOI Build-Up for 723 SF
Gross rent
$18.9K $26.16/SF
− Vacancy
−$1.2K −$1.60/SF
EGI
$17.8K $24.56/SF
− OpEx
−$8.0K −$11.05/SF
NOI
$9.8K $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%
$195,360
Cap Rate 7%
$139,543
Cap Rate 9%
$108,533

Alternative Uses

Best Use
Apartment 5plus
$139.5K
$122.1K – $162.8K (±1% cap)
NOI $9,768 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$415.9K
$363.9K – $485.2K (±1% cap)
NOI $29,111 @ 7.0% cap · market cap 19.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Locksmith Parking Lot & Garage Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,599
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - The monthly condo fee covers all utilities, and residents control the West Building thermostats.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 606-W Jenkintown, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: One‑bedroom layout with separate dining room and spacious living room; Balcony accessed from the living room; Updated kitchen with gas range, built‑in dishwasher, and over‑the‑range microwave
More about this property
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