Three-Bedroom Residential
1375 PERSHING BOULEVARD #UNIT 609, Shillington, PA 19607
For Sale
$220,000
A single-level layout pairs three bedrooms and two full baths with a private balcony and included appliances.
Property Size1,852 SF
Days on Market8
Property Features for 1375 PERSHING BOULEVARD #UNIT 609
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
HOA Fee
Amenities
balcony
storage locker
game and party room
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Real Estate -Exton
Listed By:
Janet Billas
(610) 363-4300
Source:
Tylermillerteam.kw
Added: Nov 5
Changed: Nov 12
Last Checked: Nov 12 at 4:12AM
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 -Exton
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Investment Insights
Based on property information with market context.
Unit 609 is a single-level condominium with three bedrooms and two full baths in a building constructed in 1976. Sliding glass doors bring natural light into the living and dining areas, and one bedroom has built-in shelving. The sale includes a washer, dryer, and refrigerator; the unit is being sold as-is. A balcony, underground parking space, and storage locker are also included.
The building contains 84 units, with 95% reported as owner-occupied. Residents have access to a game and party room. The condominium association has adopted a no-smoking rule for new owners, and pets are not permitted except for service animals.
The building contains 84 units, with 95% reported as owner-occupied. Residents have access to a game and party room. The condominium association has adopted a no-smoking rule for new owners, and pets are not permitted except for service animals.
Key Highlights
- Three bedrooms and two full baths in a single‑level layout
- Private balcony and underground parking space
- Storage locker included with the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,959
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,180
$319.2K
Cap Rate 7%
$227,986
$228.0K
Cap Rate 9%
$177,322
$177.3K
Market Conditions
NOI Build-Up for 1,852 SF
Gross rent
$30.2K $16.32/SF
− Vacancy
−$1.2K −$0.65/SF
EGI
$29.0K $15.67/SF
− OpEx
−$13.1K −$7.05/SF
NOI
$16.0K $8.62/SF
Area
Berks County, PA
Vacancy
4.00%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,180
Cap Rate 7%
$227,986
Cap Rate 9%
$177,322
Alternative Uses
Best Use
Apartment 5plus
$228.0K
$199.5K – $266.0K
NOI $15,959 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.0K
$266.0K – $354.7K
NOI $21,282 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 19607, PA
23,431
Population
10,177
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$80,550
Median Household Income
$46,953
Median Earnings
$1,283
Median Rent
$210,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Berks County, PA
Properties on Market for Residential income properties in Berks County
Frequently Asked Questions
What type of property is this?
Residential income property - A single-level layout pairs three bedrooms and two full baths with a private balcony and included appliances.
Where is this residential income property located?
The property is located at 1375 PERSHING BOULEVARD #UNIT 609 Shillington, PA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Three bedrooms and two full baths in a single‑level layout; Private balcony and underground parking space; Storage locker included with the unit
