Residential Income Property with
For Sale
$429,900
113 COLWELL LANE, Conshohocken, PA 19428
Two bedrooms include private bathrooms, with one bedroom opening directly onto a deck.
Property Size1,040 SF
Price / SF$413.37
Days on Market69
Property Features for 113 COLWELL LANE
General Information
Standard status
Active
Size
1,040 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$4,069
Building Details
Building Size
1,040 SF
Year Built
2019
Listing Agency:
Keller Williams Real Estate-Blue Bell
Listed By:
James J Romano · License #AB069112
(215) 520-6839
Source:
Wagnerrealestate
Added: Aug 27
Changed: Nov 2
Last Checked: Nov 3 at 8:59AM
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 Real Estate-Blue Bell
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Investment Insights
Based on property information with market context.
Built in 2019, this residential property has two bedrooms, each with an ensuite bathroom. The main level combines the living room, kitchen, and dining area in an open layout, with hardwood flooring, a coffered ceiling, and recessed lighting. The kitchen includes stainless steel appliances, white cabinetry, tile backsplash, and a center island with bar seating. The primary suite has a sitting area and deck access; the second bedroom is on the lower level, alongside laundry access and additional storage space. An attached one-car garage provides parking and storage.
The property is in Conshohocken, with access to I-76, Route 202, and the PA Turnpike. Restaurants, cafes, shops, parks, downtown destinations, and walking and biking trails are nearby.
The property is in Conshohocken, with access to I-76, Route 202, and the PA Turnpike. Restaurants, cafes, shops, parks, downtown destinations, and walking and biking trails are nearby.
Key Highlights
- Two bedrooms, each with an ensuite bathroom
- Attached one‑car garage
- Primary suite has deck access and a sitting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,051
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,020
$281.0K
Cap Rate 7%
$200,729
$200.7K
Cap Rate 9%
$156,122
$156.1K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$27.2K $26.16/SF
− Vacancy
−$1.7K −$1.60/SF
EGI
$25.5K $24.56/SF
− OpEx
−$11.5K −$11.05/SF
NOI
$14.1K $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%
$281,020
Cap Rate 7%
$200,729
Cap Rate 9%
$156,122
Alternative Uses
Best Use
Apartment 5plus
$200.7K
$175.6K – $234.2K
NOI $14,051 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$598.2K
$523.4K – $697.9K
NOI $41,875 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
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Business Placement
Demographics for 19428, PA
19,690
Population
10,032
Households
2
Avg Household Size
36
Median Age
66%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
2,697
Density / Sq Mi
$116,566
Median Household Income
$73,713
Median Earnings
$1,900
Median Rent
$445,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms include private bathrooms, with one bedroom opening directly onto a deck.
Where is this residential income property located?
The property is located at 113 COLWELL LANE Conshohocken, PA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Two bedrooms, each with an ensuite bathroom; Attached one‑car garage; Primary suite has deck access and a sitting area
