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Two-Bedroom Residential Income Property
For Sale
$490,000
Pending

190 PRESIDENTIAL BOULEVARD Unit 413, Bala Cynwyd, PA 19004

Full-service condominium with concierge service, valet parking, fitness center, and secure garage parking.

Property Size1,847 SF
Days on Market373

Property Features for 190 PRESIDENTIAL BOULEVARD Unit 413

General Information

Standard status Pending
Size 1,847 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $14,573

Amenities

24/7 concierge
valet parking
fitness center
private conference room
caterer's kitchen
guest lounge
guest suite
secure two-car garage parking
Juliet balcony

Building Details

Building Size 1,847 SF
Year Built 2006
Listing Agency: Weichert, Realtors - Cornerstone
Listed By: James David Shrader · License #rs346094
Source: Patmckennarealtors
Added: Oct 27, 2025 Changed: Nov 1 Last Checked: Nov 3 at 11:46AM

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 Weichert, Realtors - Cornerstone

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Investment Insights

Based on property information with market context.

Unit 413 at The Corinthian is a two-bedroom residential income property in a full-service condominium building constructed in 2006. The residence features a GE Monogram kitchen, open living and dining areas, French doors leading to a Juliet balcony, and a private office. The primary suite includes a walk-in closet and private bath, while the second bedroom has natural light and a full private bath. New flooring was installed throughout as of May.

Building amenities include 24/7 concierge service, valet parking, a fitness center, private conference room with caterer's kitchen, guest lounge, overnight guest suite, and secure two-car garage parking. The property is located at 190 Presidential Boulevard in Bala Cynwyd, Pennsylvania, minutes from Center City and with access to Philadelphia amenities.

Key Highlights

  • Two‑bedroom Unit 413 at The Corinthian
  • GE Monogram kitchen with premium appliances
  • Private office and Juliet balcony

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,954
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,080 $499.1K
Cap Rate 7%
$356,486 $356.5K
Cap Rate 9%
$277,267 $277.3K
Market Conditions
NOI Build-Up for 1,847 SF
Gross rent
$48.3K $26.16/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$45.4K $24.56/SF
− OpEx
−$20.4K −$11.05/SF
NOI
$25.0K $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%
$499,080
Cap Rate 7%
$356,486
Cap Rate 9%
$277,267

Alternative Uses

Best Use
Apartment 5plus
$356.5K
$311.9K – $415.9K (±1% cap)
NOI $24,954 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.06M
$929.6K – $1.24M (±1% cap)
NOI $74,369 @ 7.0% cap · market cap 15.18%
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

2,457
Businesses Nearby

Demographics for 19004, PA

10,668
Population
4,453
Households
2.4
Avg Household Size
41
Median Age
73%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
3,951
Density / Sq Mi
$143,781
Median Household Income
$81,909
Median Earnings
$1,791
Median Rent
$616,000
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Full-service condominium with concierge service, valet parking, fitness center, and secure garage parking.
Where is this residential income property located?
The property is located at 190 PRESIDENTIAL BOULEVARD Unit 413 Bala Cynwyd, PA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Two‑bedroom Unit 413 at The Corinthian; GE Monogram kitchen with premium appliances; Private office and Juliet balcony
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