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Residential Unit with Den
New
For Sale
$129,900

100 WEST AVENUE Unit 703-W, Jenkintown, PA 19046

A one-bedroom layout pairs with a separate den that can serve as a sitting room or guest space.

Property Size803 SF
Days on Market7

Property Features for 100 WEST AVENUE Unit 703-W

General Information

Standard status Active
Size 803 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,363

Amenities

concierge
24 hr security
outdoor pool
extra storage

Building Details

Building Size 803 SF
Year Built 1965
Listing Agency: Quinn & Wilson, Inc.
Listed By: Etta Norton · License #RS205364L
Source: Lizclarkrealestate
Added: Oct 28 Changed: Oct 31 Last Checked: Nov 3 at 11:12AM

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 Quinn & Wilson, Inc.

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Positioned on the seventh floor, this residential unit has one bedroom, a den, a living room, a kitchen with a pass-through to the dining area, and an updated bathroom. The bedroom includes a walk-in closet, while the hallway provides a five-foot closet and a separate linen closet. Parquet flooring lies beneath the carpet, and the den can accommodate a sleeper sofa. The building was constructed in 1965.

Building amenities include a concierge, 24-hour security, an outdoor pool, and additional storage. The west building allows control of heat and air conditioning, which are maintained by the condominium. Utilities are included; basic cable is not.

Key Highlights

  • One‑bedroom unit with a separate den on the seventh floor
  • Bedroom includes a walk‑in closet; hallway has a five‑foot closet and linen closet
  • Updated bathroom with 12‑inch tile and glass tub doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,849
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,980 $217.0K
Cap Rate 7%
$154,986 $155.0K
Cap Rate 9%
$120,544 $120.5K
Market Conditions
NOI Build-Up for 803 SF
Gross rent
$21.0K $26.16/SF
− Vacancy
−$1.3K −$1.60/SF
EGI
$19.7K $24.56/SF
− OpEx
−$8.9K −$11.05/SF
NOI
$10.8K $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%
$216,980
Cap Rate 7%
$154,986
Cap Rate 9%
$120,544

Alternative Uses

Best Use
Apartment 5plus
$155.0K
$135.6K – $180.8K (±1% cap)
NOI $10,849 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$461.9K
$404.2K – $538.9K (±1% cap)
NOI $32,333 @ 7.0% cap · market cap 24.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

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

Frequently Asked Questions

What type of property is this?
Residential income property - A one-bedroom layout pairs with a separate den that can serve as a sitting room or guest space.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 703-W Jenkintown, PA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: One‑bedroom unit with a separate den on the seventh floor; Bedroom includes a walk‑in closet; hallway has a five‑foot closet and linen closet; Updated bathroom with 12‑inch tile and glass tub doors
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