Two-Bedroom Condominium
For Sale
$165,000
100 WEST AVENUE Unit 315-S, Jenkintown, PA 19046
Updated kitchen features stainless steel appliances, granite counters, and a five-burner gas range.
Property Size1,024 SF
Days on Market26
Property Features for 100 WEST AVENUE Unit 315-S
General Information
Standard status
Active
Size
1,024 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,329
Amenities
common laundry room
extra storage
secured building
doorman
swimming pool
shuttle bus
Building Details
Building Size
1,024 SF
Year Built
1965
Listing Agency:
Century 21 Advantage Gold-Elkins Park
Listed By:
Denise McLean · License #RS227334L
(215) 429-1510
Source:
Lizclarkrealestate
Added: Sep 22
Changed: Oct 8
Last Checked: Oct 16 at 3:15PM
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 Century 21 Advantage Gold-Elkins Park
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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.
This two-bedroom, one-bathroom condominium was built in 1965. Hardwood flooring runs through the living room, dining area, and hallway, while both bedrooms have carpet and closet storage, including a walk-in closet in the primary bedroom. The kitchen includes stainless steel appliances, a five-burner gas range, white wood cabinetry, granite countertops, and a breakfast bar. A balcony extends from the living room, and the bathroom has been updated.
The secured building has a lobby with a doorman, a shared laundry room on the floor, and additional storage in the lower level. Residents also have access to a swimming pool for an additional fee and a shuttle bus. The association fee covers utilities and other items.
The secured building has a lobby with a doorman, a shared laundry room on the floor, and additional storage in the lower level. Residents also have access to a swimming pool for an additional fee and a shuttle bus. The association fee covers utilities and other items.
Key Highlights
- Two bedrooms and one bathroom
- Living room opens onto a balcony
- Updated kitchen with stainless steel appliances, granite counters, and a five‑burner gas range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,835
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,700
$276.7K
Cap Rate 7%
$197,643
$197.6K
Cap Rate 9%
$153,722
$153.7K
Market Conditions
NOI Build-Up for 1,024 SF
Gross rent
$26.8K $26.16/SF
− Vacancy
−$1.6K −$1.60/SF
EGI
$25.2K $24.56/SF
− OpEx
−$11.3K −$11.05/SF
NOI
$13.8K $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%
$276,700
Cap Rate 7%
$197,643
Cap Rate 9%
$153,722
Alternative Uses
Best Use
Apartment 5plus
$197.6K
$172.9K – $230.6K
NOI $13,835 @ 7.0% cap · market cap 8.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$589.0K
$515.4K – $687.2K
NOI $41,231 @ 7.0% cap · market cap 24.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
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
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen features stainless steel appliances, granite counters, and a five-burner gas range.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 315-S Jenkintown, PA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two bedrooms and one bathroom; Living room opens onto a balcony; Updated kitchen with stainless steel appliances, granite counters, and a five‑burner gas range
