Garden-Style Apartment with Enclosed
For Sale
$265,000
112 HARVEST LANE Unit 104, Phoenixville, PA 19460
Updated interior features include new appliances, carpeting, and access to a community swimming pool.
Property Size1,415 SF
Price / SF$187.28
Days on Market48
Property Features for 112 HARVEST LANE Unit 104
General Information
Standard status
Active
Size
1,415 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,379
Amenities
swimming pool
Building Details
Building Size
1,415 SF
Year Built
1974
Construction
garden-style
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 27 at 4:24AM
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 Keller Williams Realty
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Investment Insights
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This garden-style apartment offers two bedrooms and one and a half bathrooms, with an enclosed porch extending the interior living area. The interior has been freshly painted and fitted with new carpeting and appliances. A brick fireplace adds a distinct feature to the living space, while the kitchen renovation was completed in 2022 and a new HVAC system was installed in 2023. The property was built in 1974.
Residents have access to a community swimming pool. Nearby parks, shopping, public transportation, local services, and everyday amenities are also noted in the surrounding area.
Residents have access to a community swimming pool. Nearby parks, shopping, public transportation, local services, and everyday amenities are also noted in the surrounding area.
Key Highlights
- Two‑bedroom, 1.5‑bathroom garden‑style apartment
- Enclosed porch and brick fireplace
- Kitchen renovation completed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,343
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,860
$306.9K
Cap Rate 7%
$219,186
$219.2K
Cap Rate 9%
$170,478
$170.5K
Market Conditions
NOI Build-Up for 1,415 SF
Gross rent
$30.2K $21.36/SF
− Vacancy
−$2.3K −$1.64/SF
EGI
$27.9K $19.72/SF
− OpEx
−$12.6K −$8.87/SF
NOI
$15.3K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,860
Cap Rate 7%
$219,186
Cap Rate 9%
$170,478
Alternative Uses
Best Use
Apartment 5plus
$219.2K
$191.8K – $255.7K
NOI $15,343 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$429.0K
$375.4K – $500.5K
NOI $30,031 @ 7.0% cap · market cap 11.33%
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
542
Businesses Nearby
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Business Placement
Demographics for 19460, PA
43,611
Population
18,881
Households
2.3
Avg Household Size
40
Median Age
58%
College-Educated
96%
High-School Grad
34.5 sq mi
ZIP Area
1,264
Density / Sq Mi
$120,472
Median Household Income
$65,879
Median Earnings
$1,622
Median Rent
$426,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interior features include new appliances, carpeting, and access to a community swimming pool.
Where is this residential income property located?
The property is located at 112 HARVEST LANE Unit 104 Phoenixville, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two‑bedroom, 1.5‑bathroom garden‑style apartment; Enclosed porch and brick fireplace; Kitchen renovation completed in 2022
