Two-Bedroom Residential Income
For Sale
$490,000
190 PRESIDENTIAL BOULEVARD Unit 413, Bala Cynwyd, PA 19004
Full-service condominium with concierge service, valet parking, fitness center, and secure garage parking.
Days on Market279
Property Features for 190 PRESIDENTIAL BOULEVARD Unit 413
General Information
Standard status
Active
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
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
(610) 220-3539
Listed By:
James David Shrader · License #rs346094
(610) 220-3539
Source:
Patmckennarealtors
Added: Oct 27, 2025
Changed: Jul 31
Last Checked: Jul 31 at 8:03PM
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
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.
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 For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.3k | $26.16 |
| − Vacancy | −$2.9k | −$1.60 |
| EGI | $45.4k | $24.56 |
| − OpEx | −$20.4k | −$11.05 |
| NOI | $25.0k | $13.51 |
1,847 SF · lease $26.16/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$356.5K
$311.9K – $415.9K
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
NOI $74,369 @ 7.0% cap · market cap 15.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,457
Businesses Nearby
Explore this area
Business Placement
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
Market
Properties on Market for Residential income properties in Montgomery County
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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
