Bi-Level Residential
For Sale
$299,900
10105 CENTENNIAL STATION, Warminster, PA 18974
Renovated condo with a finished lower level, courtyard views, and direct building access to the activity center.
Property Size1,280 SF
Price / SF$234.30
Days on Market86
Property Features for 10105 CENTENNIAL STATION
General Information
Standard status
Active
Size
1,280 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Additional Details
Sprinkler System
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,169
Amenities
heated saltwater pool
exercise room
card room
billiard room
meeting/banquet room
hair salon
dentist
wealth advisor
real estate office
complimentary internet
notary
copying
24-hour security monitoring
Building Details
Building Size
1,280 SF
Year Built
1993
Construction
concrete/cinder block
Listing Agency:
Faber Realty Inc
Listed By:
Frank Faber · License #RM419180
(215) 672-2626
Source:
Desantis-realestate
Added: Aug 3
Changed: Oct 26
Last Checked: Oct 26 at 2:55PM
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 Faber Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated bi-level condo in Warminster, Pennsylvania, offers 1,280 square feet of living space and was built in 1993. The main floor has a renovated kitchen with granite counters, stainless steel appliances, and a breakfast bar, along with a bedroom, living room, and full bathroom. The finished lower level adds a family room, an office or den with a walk-in closet, a full bathroom, and a large storage room. Private interior stairs and elevator access connect the levels. Central air conditioning and heat serve both floors, with a backup unit in the main-floor bedroom.
The unit has views of a six-acre courtyard and is in one of three buildings connected to the activity center. Amenities include a heated 25M saltwater pool, exercise room, card room, billiard room, and meeting and banquet room. The building has an Otis elevator, sprinklers in units and common areas, and 24-hour security system monitoring. The monthly fee includes water, sewer, trash, snow removal, the first cable TV box, and activity center access.
The unit has views of a six-acre courtyard and is in one of three buildings connected to the activity center. Amenities include a heated 25M saltwater pool, exercise room, card room, billiard room, and meeting and banquet room. The building has an Otis elevator, sprinklers in units and common areas, and 24-hour security system monitoring. The monthly fee includes water, sewer, trash, snow removal, the first cable TV box, and activity center access.
Key Highlights
- 1,280‑square‑foot bi‑level condo with finished lower level
- Renovated kitchen with granite counters, stainless steel appliances, and breakfast bar
- Main‑floor bedroom and lower‑level office/den, each with a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,848
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,960
$317.0K
Cap Rate 7%
$226,400
$226.4K
Cap Rate 9%
$176,089
$176.1K
Market Conditions
NOI Build-Up for 1,280 SF
Gross rent
$29.8K $23.28/SF
− Vacancy
−$983 −$0.77/SF
EGI
$28.8K $22.51/SF
− OpEx
−$13.0K −$10.13/SF
NOI
$15.8K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,960
Cap Rate 7%
$226,400
Cap Rate 9%
$176,089
Alternative Uses
Best Use
Apartment 5plus
$226.4K
$198.1K – $264.1K
NOI $15,848 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$388.1K
$339.6K – $452.8K
NOI $27,166 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
1
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 18974, PA
42,507
Population
17,970
Households
2.4
Avg Household Size
47
Median Age
39%
College-Educated
95%
High-School Grad
19.7 sq mi
ZIP Area
2,158
Density / Sq Mi
$99,724
Median Household Income
$57,726
Median Earnings
$1,634
Median Rent
$407,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Renovated condo with a finished lower level, courtyard views, and direct building access to the activity center.
Where is this residential income property located?
The property is located at 10105 CENTENNIAL STATION Warminster, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,280‑square‑foot bi‑level condo with finished lower level; Renovated kitchen with granite counters, stainless steel appliances, and breakfast bar; Main‑floor bedroom and lower‑level office/den, each with a walk‑in closet
