Residential Income Property with
For Sale
$329,000
120 N BETHLEHEM PIKE Unit 202-A, Fort Washington, PA 19034
Three-bedroom condominium offers updated baths, hardwood floors, same-floor laundry, and access to a community pool.
Property Size1,265 SF
Days on Market59
Property Features for 120 N BETHLEHEM PIKE Unit 202-A
General Information
Standard status
Active
Size
1,265 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,939
Amenities
hardwood flooring
floor-to-ceiling glass doors
private balcony
open kitchen/dining
updated bathrooms
walk-in closet
ensuite bath with custom shower
same-floor laundry
private package mailroom
private basement storage
community outdoor pool
Building Details
Building Size
1,265 SF
Year Built
1950
Listing Agency:
Dan Helwig Inc
Listed By:
Francis X O'Donnell · License #RS228433L
(215) 435-0439
Source:
Lizclarkrealestate
Added: Aug 17
Changed: Oct 3
Last Checked: Oct 13 at 12:13AM
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 Dan Helwig Inc
Investment Insights
Based on property information with market context.
This residential income property is configured as a 3-bedroom condominium with an open living and dining arrangement, hardwood flooring in the main living area, and floor-to-ceiling glass doors leading to a private balcony. The kitchen opens to the dining space, while the residence includes two fully updated bathrooms: a hall bath with a soaking tub and a primary suite bath with a custom walk-in shower. A large walk-in closet serves the primary suite.
Additional features include same-floor laundry, a private package mailroom on the main level, dedicated basement storage, and seasonal access to the community outdoor pool. The property is within the Upper Dublin School District, with SEPTA Route 94 and 95 bus stops in front. Fort Washington SEPTA Regional Rail station, I-276 (PA Turnpike), I-476, Routes 309 and 611 are also nearby. The building dates to 1950.
Additional features include same-floor laundry, a private package mailroom on the main level, dedicated basement storage, and seasonal access to the community outdoor pool. The property is within the Upper Dublin School District, with SEPTA Route 94 and 95 bus stops in front. Fort Washington SEPTA Regional Rail station, I-276 (PA Turnpike), I-476, Routes 309 and 611 are also nearby. The building dates to 1950.
Key Highlights
- 3‑bedroom condominium with private balcony and neighborhood views
- Two fully updated bathrooms, including a primary ensuite with custom walk‑in shower
- Hardwood flooring in the main living area and floor‑to‑ceiling glass doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,091
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,820
$341.8K
Cap Rate 7%
$244,157
$244.2K
Cap Rate 9%
$189,900
$189.9K
Market Conditions
NOI Build-Up for 1,265 SF
Gross rent
$33.1K $26.16/SF
− Vacancy
−$2.0K −$1.60/SF
EGI
$31.1K $24.56/SF
− OpEx
−$14.0K −$11.05/SF
NOI
$17.1K $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%
$341,820
Cap Rate 7%
$244,157
Cap Rate 9%
$189,900
Alternative Uses
Best Use
Apartment 5plus
$244.2K
$213.6K – $284.9K
NOI $17,091 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$727.6K
$636.7K – $848.9K
NOI $50,935 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 19034, PA
6,685
Population
2,613
Households
2.6
Avg Household Size
44
Median Age
62%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
942
Density / Sq Mi
$164,531
Median Household Income
$75,222
Median Earnings
$1,523
Median Rent
$611,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom condominium offers updated baths, hardwood floors, same-floor laundry, and access to a community pool.
Where is this residential income property located?
The property is located at 120 N BETHLEHEM PIKE Unit 202-A Fort Washington, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 3‑bedroom condominium with private balcony and neighborhood views; Two fully updated bathrooms, including a primary ensuite with custom walk‑in shower; Hardwood flooring in the main living area and floor‑to‑ceiling glass doors
