Apartment Building with Off-Street
159 MAIN STREET, Royersford, PA 19468
For Sale
$1,400,000
Pending
Commercial zoning, rear parking, and central air are among the property's documented features.
Property Size6,021 SF
Days on Market43
Property Features for 159 MAIN STREET
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Taxes and HOA fees
Annual Taxes
Amenities
Central Air, Ductless, Electric
Natural Gas, Hot Water
Full
Gas Water Heater
Asphalt, Off Street, Parking Lot
Colonial
Building Details
Building Size
Year Built
Stories
Listing Agency:
Keller Williams Elite
Listed By:
Caleb T Knecht · License #RS288414
(484) 995-1591
Source:
Evrealestate
Added: Sep 26
Changed: Nov 4
Last Checked: Nov 6 at 9:23AM
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 Elite
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Investment Insights
Based on property information with market context.
This 6,021-square-foot apartment building dates to 1880 and has central air with ductless and electric systems. Natural gas supplies hot water. The property is zoned COMMERCIAL.
Off-street parking is provided in a rear parking lot at 159 Main Street in Royersford, Pennsylvania.
Off-street parking is provided in a rear parking lot at 159 Main Street in Royersford, Pennsylvania.
Key Highlights
- 6,021‑square‑foot apartment building
- Built in 1880
- Zoned COMMERCIAL
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,346
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,626,920
$1.6M
Cap Rate 7%
$1,162,086
$1.2M
Cap Rate 9%
$903,844
$903.8K
Market Conditions
NOI Build-Up for 6,021 SF
Gross rent
$157.5K $26.16/SF
− Vacancy
−$9.6K −$1.60/SF
EGI
$147.9K $24.56/SF
− OpEx
−$66.6K −$11.05/SF
NOI
$81.3K $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%
$1,626,920
Cap Rate 7%
$1,162,086
Cap Rate 9%
$903,844
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,346 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.46M
$3.03M – $4.04M
NOI $242,434 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
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Business Placement
Demographics for 19468, PA
27,869
Population
11,560
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,649
Density / Sq Mi
$106,261
Median Household Income
$60,951
Median Earnings
$1,688
Median Rent
$383,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Montgomery County, PA
Properties on Market for Apartment buildings in Montgomery County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Commercial zoning, rear parking, and central air are among the property's documented features.
Where is this apartment building located?
The property is located at 159 MAIN STREET Royersford, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 6,021‑square‑foot apartment building; Built in 1880; Zoned COMMERCIAL
