Five-Unit Apartment Building with Leased
New
For Sale
$925,000
1214 KIMBERTON ROAD, Chester Springs, PA 19425
Five-unit building with three upstairs residences plus leased ground-floor space, including a post office lease through 2037.
Property Size6,200 SF
Price / SF$149.19
Days on Market5
Property Features for 1214 KIMBERTON ROAD
General Information
Standard status
Active
Size
6,200 SF
Property subtype
Commercial
Units
Unit Mix
2 x 2BR/1BA, 1 x 3BR/2.5BA
Multifamily Units
3
Amenities
shared deck
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
Realty One Group Restore
(610) 322-0299
Listed By:
James J Conlin · License #RS223660L
(610) 322-0299
Source:
Cummingsrealtors
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 5:55AM
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 Realty One Group Restore
Investment Insights
Based on property information with market context.
Five-unit apartment building with three residential apartments upstairs and two established commercial tenants on the first floor. The upstairs layout includes two 2-bedroom, 1-bath apartments and one 3-bedroom, 2.5-bath unit. The two-bedroom apartments share a deck, while the 3-bedroom unit includes two private decks.
The first floor is leased to a post office, occupying the largest unit, with a lease through 2037. A fifth unit is currently operating as a salon, with occupancy at this location for decades.
The property totals 6,200 SF and was built in 1960. Reported tenant stability is supported by residential tenants who have been in place for more than five years.
The first floor is leased to a post office, occupying the largest unit, with a lease through 2037. A fifth unit is currently operating as a salon, with occupancy at this location for decades.
The property totals 6,200 SF and was built in 1960. Reported tenant stability is supported by residential tenants who have been in place for more than five years.
Key Highlights
- 6,200 SF five‑unit apartment building built in 1960
- Two upstairs 2BR/1BA apartments share a deck
- One upstairs 3BR/2.5BA unit with two private decks
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.6k | $18.00 |
| − Vacancy | −$11.5k | −$1.85 |
| EGI | $100.1k | $16.15 |
| − OpEx | −$30.0k | −$4.84 |
| NOI | $70.1k | $11.30 |
6,200 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.00M
$875.9K – $1.17M
NOI $70,074 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$960.4K
$840.4K – $1.12M
NOI $67,229 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,584 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 19425, PA
16,352
Population
5,672
Households
2.9
Avg Household Size
40
Median Age
78%
College-Educated
98%
High-School Grad
26.8 sq mi
ZIP Area
610
Density / Sq Mi
$210,227
Median Household Income
$103,306
Median Earnings
$2,460
Median Rent
$621,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit building with three upstairs residences plus leased ground-floor space, including a post office lease through 2037.
Where is this apartment building located?
The property is located at 1214 KIMBERTON ROAD Chester Springs, PA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 6,200 SF five‑unit apartment building built in 1960; Two upstairs 2BR/1BA apartments share a deck; One upstairs 3BR/2.5BA unit with two private decks
