Residential Income Property with
For Sale
$145,000
100 WEST AVENUE Unit 411-S, Jenkintown, PA 19046
The one-bedroom residence includes an open living and dining area, a walk-in closet, and access to a building exercise room.
Property Size784 SF
Price / SF$184.95
Days on Market159
Property Features for 100 WEST AVENUE Unit 411-S
General Information
Standard status
Active
Size
784 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,960
Amenities
outdoor pool
exercise room
doorman
exterior cameras
smoke detectors
Building Details
Building Size
784 SF
Year Built
1965
Listing Agency:
Quinn & Wilson, Inc.
Listed By:
Etta Norton · License #RS205364L
(267) 254-4824
Source:
Wagnerrealestate
Added: May 30
Changed: Nov 2
Last Checked: Nov 3 at 9:00AM
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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Investment Insights
Based on property information with market context.
This 784-square-foot, one-bedroom, one-bathroom residence was built in 1965. Its open living and dining area is paired with hardwood flooring, carpet in the bedroom, a walk-in closet, and a pantry. The kitchen includes a gas oven/range, refrigerator, dishwasher, and disposal.
Residents have access to an outdoor pool and exercise room. Building features include a doorman, exterior cameras, and smoke detectors. The association fee covers electricity, heat, lawn care, and trash removal. A commuter rail station and bus stop are each less than a mile away.
Residents have access to an outdoor pool and exercise room. Building features include a doorman, exterior cameras, and smoke detectors. The association fee covers electricity, heat, lawn care, and trash removal. A commuter rail station and bus stop are each less than a mile away.
Key Highlights
- 784‑square‑foot residence with 1 bedroom and 1 bathroom
- Open living and dining area; hardwood floors and bedroom carpet
- Kitchen has a gas oven/range, refrigerator, dishwasher, and disposal
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,592
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,840
$211.8K
Cap Rate 7%
$151,314
$151.3K
Cap Rate 9%
$117,689
$117.7K
Market Conditions
NOI Build-Up for 784 SF
Gross rent
$20.5K $26.16/SF
− Vacancy
−$1.3K −$1.60/SF
EGI
$19.3K $24.56/SF
− OpEx
−$8.7K −$11.05/SF
NOI
$10.6K $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%
$211,840
Cap Rate 7%
$151,314
Cap Rate 9%
$117,689
Alternative Uses
Best Use
Apartment 5plus
$151.3K
$132.4K – $176.5K
NOI $10,592 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$451.0K
$394.6K – $526.1K
NOI $31,568 @ 7.0% cap · market cap 21.77%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,599
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom residence includes an open living and dining area, a walk-in closet, and access to a building exercise room.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 411-S Jenkintown, PA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 784‑square‑foot residence with 1 bedroom and 1 bathroom; Open living and dining area; hardwood floors and bedroom carpet; Kitchen has a gas oven/range, refrigerator, dishwasher, and disposal
