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Renovated Residential Income Property
For Sale
$219,900

100 WEST AVENUE Unit 518-S, Jenkintown, PA 19046

Two-bedroom condominium with updated kitchen, bathrooms, and bedroom windows.

Property Size1,064 SF
Days on Market23

Property Features for 100 WEST AVENUE Unit 518-S

General Information

Standard status Active
Size 1,064 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,464

Amenities

doorman
community outdoor pool
secure mailroom
private storage unit
laundry facility

Building Details

Building Size 1,064 SF
Year Built 1965
Year Renovated 2025
Listing Agency: Coldwell Banker Realty
Listed By: Christine Quigley · License #RS360022
Source: Lizclarkrealestate
Added: Jul 14 Changed: Aug 3 Last Checked: Aug 4 at 8:56AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This two-bedroom, two-bath condominium at Beaver Hill Condominiums was renovated in 2025. Improvements include new flooring, a remodeled kitchen with GE stainless steel appliances and granite countertops, refreshed bathrooms, and replacement windows in both bedrooms. The primary suite includes a private bathroom with a walk-in shower, while the hall bath features designer tile and upgraded finishes.

Building amenities include a doorman, secure mailroom, private storage unit, laundry facility, and community outdoor pool, available with a membership fee. Monthly HOA coverage includes gas, air conditioning, electricity, heat, water, lawn maintenance, trash removal, and snow removal. The property is located at 100 West Avenue in Jenkintown, near SEPTA regional rail, major transportation routes, shopping, and restaurants.

Key Highlights

  • Two‑bedroom, two‑bath condominium renovated in 2025
  • Updated kitchen with GE stainless steel appliances and granite countertops
  • Primary suite includes a private bath with walk‑in shower

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.8k $26.16
− Vacancy −$1.7k −$1.60
EGI $26.1k $24.56
− OpEx −$11.8k −$11.05
NOI $14.4k $13.51
1,064 SF · lease $26.16/SF/yr · vacancy 6.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$205.4K
$179.7K – $239.6K (±1% cap)
NOI $14,375 @ 7.0% cap · market cap 6.54%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$612.0K
$535.5K – $714.0K (±1% cap)
NOI $42,842 @ 7.0% cap · market cap 19.48%
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

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

Market

Properties on Market for Residential income properties in Montgomery County

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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom condominium with updated kitchen, bathrooms, and bedroom windows.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 518-S Jenkintown, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium renovated in 2025; Updated kitchen with GE stainless steel appliances and granite countertops; Primary suite includes a private bath with walk‑in shower
More about this property
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