Residential Income Property with
For Sale
$145,000
1600 CHURCH ROAD Unit C-212, Wyncote, PA 19095
The two-bedroom condo has an open living and dining area, a separate breakfast space, and a private outdoor area.
Property Size893 SF
Price / SF$162.37
Days on Market78
Property Features for 1600 CHURCH ROAD Unit C-212
General Information
Standard status
Active
Size
893 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,970
Building Details
Building Size
893 SF
Year Built
1963
Listing Agency:
EXP Realty, LLC
Listed By:
Cynthia L Wadsworth · License #RS179964L
(215) 237-1667
Source:
Wagnerrealestate
Added: Aug 18
Changed: Nov 2
Last Checked: Nov 3 at 9:01AM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This 893-square-foot, two-bedroom condo was built in 1963. Its living and dining area has an open connection to the kitchen, with a separate breakfast area nearby. Sliding glass doors open to a private balcony. The kitchen includes wood cabinetry, countertop workspace, a gas range, refrigerator, dishwasher, and range hood. Both bedrooms have closets, and additional storage is located throughout the unit. The full bathroom has a tub and tiled shower surround.
The property is part of a landscaped community with mature trees, walking paths, green space, and a large parking lot. Arcadia University, retail, restaurants, and major roadways are nearby.
The property is part of a landscaped community with mature trees, walking paths, green space, and a large parking lot. Arcadia University, retail, restaurants, and major roadways are nearby.
Key Highlights
- 893‑square‑foot, two‑bedroom condo
- Private balcony accessed through sliding glass doors
- Kitchen includes a gas range, refrigerator, dishwasher, and range hood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,065
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,300
$241.3K
Cap Rate 7%
$172,357
$172.4K
Cap Rate 9%
$134,056
$134.1K
Market Conditions
NOI Build-Up for 893 SF
Gross rent
$23.4K $26.16/SF
− Vacancy
−$1.4K −$1.60/SF
EGI
$21.9K $24.56/SF
− OpEx
−$9.9K −$11.05/SF
NOI
$12.1K $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%
$241,300
Cap Rate 7%
$172,357
Cap Rate 9%
$134,056
Alternative Uses
Best Use
Apartment 5plus
$172.4K
$150.8K – $201.1K
NOI $12,065 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$513.7K
$449.5K – $599.3K
NOI $35,956 @ 7.0% cap · market cap 24.80%
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
607
Businesses Nearby
Explore this area
Business Placement
Demographics for 19095, PA
7,880
Population
3,841
Households
2.1
Avg Household Size
44
Median Age
65%
College-Educated
97%
High-School Grad
2.1 sq mi
ZIP Area
3,752
Density / Sq Mi
$108,250
Median Household Income
$66,442
Median Earnings
$1,776
Median Rent
$419,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom condo has an open living and dining area, a separate breakfast space, and a private outdoor area.
Where is this residential income property located?
The property is located at 1600 CHURCH ROAD Unit C-212 Wyncote, PA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 893‑square‑foot, two‑bedroom condo; Private balcony accessed through sliding glass doors; Kitchen includes a gas range, refrigerator, dishwasher, and range hood
