Residential Unit with Private
118 MONTROSE AVENUE Unit C, Bryn Mawr, PA 19010
For Sale
$375,000
A separate bonus room, assigned parking, and basement storage add practical flexibility.
Property Size1,250 SF
Days on Market50
Property Features for 118 MONTROSE AVENUE Unit C
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Leonard V. Day IV · License PA RS365755
(610) 745-5092
Source:
Mainlinekw
Added: Sep 26
Changed: Nov 13
Last Checked: Nov 12 at 5:31PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This third-floor residence contains 1,238 square feet, with two bedrooms, two bathrooms, and an additional room that connects to a private terrace. The interior includes a foyer, living and dining areas with hardwood floors, and a kitchen equipped with granite countertops, stainless steel appliances, cabinetry, and a pantry. Central air is also included, along with assigned parking and basement storage. The building dates to 1931, and pets are permitted.
Located in Bryn Mawr within the Radnor School District, the property is near train service, restaurants, shops, and everyday services. The address is 118 Montrose Avenue, Unit C.
Located in Bryn Mawr within the Radnor School District, the property is near train service, restaurants, shops, and everyday services. The address is 118 Montrose Avenue, Unit C.
Key Highlights
- 1,238‑square‑foot third‑floor residence with a private terrace
- Two bedrooms, two bathrooms, and a separate flexible room
- Kitchen includes granite countertops, stainless steel appliances, and a pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,531
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,620
$250.6K
Cap Rate 7%
$179,014
$179.0K
Cap Rate 9%
$139,233
$139.2K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$26.4K $21.12/SF
− Vacancy
−$3.6K −$2.89/SF
EGI
$22.8K $18.23/SF
− OpEx
−$10.3K −$8.20/SF
NOI
$12.5K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,620
Cap Rate 7%
$179,014
Cap Rate 9%
$139,233
Alternative Uses
Best Use
Apartment 5plus
$179.0K
$156.6K – $208.9K
NOI $12,531 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.4K
$374.9K – $499.8K
NOI $29,990 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
2,354
Businesses Nearby
Explore this area
Business Placement
Demographics for 19010, PA
21,270
Population
8,520
Households
2.5
Avg Household Size
38
Median Age
77%
College-Educated
98%
High-School Grad
8.5 sq mi
ZIP Area
2,502
Density / Sq Mi
$143,986
Median Household Income
$61,732
Median Earnings
$1,890
Median Rent
$788,700
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Delaware County, PA
Properties on Market for Residential income properties in Delaware County
Frequently Asked Questions
What type of property is this?
Residential income property - A separate bonus room, assigned parking, and basement storage add practical flexibility.
Where is this residential income property located?
The property is located at 118 MONTROSE AVENUE Unit C Bryn Mawr, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,238‑square‑foot third‑floor residence with a private terrace; Two bedrooms, two bathrooms, and a separate flexible room; Kitchen includes granite countertops, stainless steel appliances, and a pantry
