Condominium in Senior
For Sale
$339,000
1734 GIBSON ROAD, Bensalem, PA 19020
The two-bedroom residence has new carpeting and access to a clubhouse with year-round social programming.
Property Size1,137 SF
Price / SF$298.15
Days on Market53
Property Features for 1734 GIBSON ROAD
General Information
Standard status
Active
Size
1,137 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,624
Amenities
clubhouse
Building Details
Building Size
1,137 SF
Year Built
2002
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Sep 5
Changed: Oct 26
Last Checked: Oct 26 at 5:55PM
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 Realty
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Investment Insights
Based on property information with market context.
This 1,137-square-foot condominium in a 55+ community was built in 2002 and has two bedrooms, two bathrooms, and new carpeting. Residents have access to a clubhouse that hosts social activities and events throughout the year.
Shopping, restaurants, parks, public transportation, I-95, and the Pennsylvania Turnpike are nearby.
Shopping, restaurants, parks, public transportation, I-95, and the Pennsylvania Turnpike are nearby.
Key Highlights
- 1,137‑square‑foot condominium built in 2002
- Two bedrooms and two bathrooms
- New carpeting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,078
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,560
$281.6K
Cap Rate 7%
$201,114
$201.1K
Cap Rate 9%
$156,422
$156.4K
Market Conditions
NOI Build-Up for 1,137 SF
Gross rent
$26.5K $23.28/SF
− Vacancy
−$873 −$0.77/SF
EGI
$25.6K $22.51/SF
− OpEx
−$11.5K −$10.13/SF
NOI
$14.1K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,560
Cap Rate 7%
$201,114
Cap Rate 9%
$156,422
Alternative Uses
Best Use
Apartment 5plus
$201.1K
$176.0K – $234.6K
NOI $14,078 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.7K
$301.6K – $402.2K
NOI $24,131 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 19020, PA
57,043
Population
23,471
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
89%
High-School Grad
17.3 sq mi
ZIP Area
3,297
Density / Sq Mi
$80,158
Median Household Income
$49,154
Median Earnings
$1,549
Median Rent
$344,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom residence has new carpeting and access to a clubhouse with year-round social programming.
Where is this residential income property located?
The property is located at 1734 GIBSON ROAD Bensalem, PA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1,137‑square‑foot condominium built in 2002; Two bedrooms and two bathrooms; New carpeting
