Two-Bedroom Residential Income
For Sale
$385,000
14 CHAMOND Unit 14, Devon, PA 19333
Garden-level unit with private patios, updated baths, assigned parking, and access to a gated community clubhouse and pool.
Property Size1,440 SF
Days on Market50
Property Features for 14 CHAMOND Unit 14
General Information
Standard status
Active
Size
1,440 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Parking per Unit
2
Amenities
clubhouse
pool
underground parking
private patios
wood-burning fireplace
updated kitchen
granite countertops
stainless steel appliances
walk-in closets
guest rooms
Building Details
Building Size
1,440 SF
Year Built
1974
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Susan W Fitzgerald · License #RS306356
(610) 209-9238
Source:
Lizclarkrealestate
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 26 at 10:51PM
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
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Located at 14 CHAMOND Unit: 14 in Devon, Pennsylvania, this garden-level residential unit offers two bedrooms, 1.5 baths, two private patios, and a one-floor layout. The great room accommodates dining and gathering areas, while 9' ceilings and oversized windows provide abundant natural light. A wood-burning fireplace adds a defined focal point to the living space. The kitchen includes granite countertops, a tumbled tile backsplash, stainless steel appliances, and a concealed stackable laundry unit. The primary suite has a walk-in closet, private patio access, and an expanded bath with two vanities and a walk-in shower. The second bedroom includes a walk-in closet and can serve as flexible additional living or work space.
The gated Arbordeau community includes a clubhouse, swimming pool, underground garage parking, storage, landscaping, exterior building maintenance, water and sewer service, trash and recycling collection, and snow removal. The unit includes two assigned underground parking spaces and a storage unit. Association roof replacement was completed in May, 2026, with a 75 year warranty; the chimney flue received a ceramic liner in 2025 with a 25-year warranty.
The gated Arbordeau community includes a clubhouse, swimming pool, underground garage parking, storage, landscaping, exterior building maintenance, water and sewer service, trash and recycling collection, and snow removal. The unit includes two assigned underground parking spaces and a storage unit. Association roof replacement was completed in May, 2026, with a 75 year warranty; the chimney flue received a ceramic liner in 2025 with a 25-year warranty.
Key Highlights
- Two‑bedroom, 1.5‑bath garden‑level unit with 9' ceilings
- Two private patios, including a walled front patio off the primary bedroom
- Two assigned underground parking spaces plus a storage unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,615
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,300
$312.3K
Cap Rate 7%
$223,071
$223.1K
Cap Rate 9%
$173,500
$173.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$30.8K $21.36/SF
− Vacancy
−$2.4K −$1.64/SF
EGI
$28.4K $19.72/SF
− OpEx
−$12.8K −$8.87/SF
NOI
$15.6K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,300
Cap Rate 7%
$223,071
Cap Rate 9%
$173,500
Alternative Uses
Best Use
Apartment 5plus
$223.1K
$195.2K – $260.3K
NOI $15,615 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.6K
$382.0K – $509.4K
NOI $30,562 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
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Demographics for 19333, PA
7,734
Population
3,039
Households
2.5
Avg Household Size
41
Median Age
83%
College-Educated
99%
High-School Grad
3.7 sq mi
ZIP Area
2,090
Density / Sq Mi
$157,083
Median Household Income
$94,262
Median Earnings
$1,833
Median Rent
$688,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Garden-level unit with private patios, updated baths, assigned parking, and access to a gated community clubhouse and pool.
Where is this residential income property located?
The property is located at 14 CHAMOND Unit 14 Devon, PA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑bedroom, 1.5‑bath garden‑level unit with 9' ceilings; Two private patios, including a walled front patio off the primary bedroom; Two assigned underground parking spaces plus a storage unit
