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Renovated Residential Income Property with Balcony
For Sale
$468,000

20626 VALLEY FORGE CIRCLE Unit 626, King of Prussia, PA 19406

Redesigned condominium residence with upgraded finishes, extensive amenities, and direct views of Valley Forge National Historical Park.

Property Size1,350 SF
Days on Market46

Property Features for 20626 VALLEY FORGE CIRCLE Unit 626

General Information

Standard status Active
Size 1,350 SF
Elevators Yes
Property subtype Unit/Flat/Apartment

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,455

Amenities

private balcony
24/7 security
clubhouse
fully equipped gym
heated indoor pool
heated outdoor pool
tennis courts
pickleball courts
volleyball courts
basketball courts
car wash area
picnic spaces with grills
rentable ballroom
cable TV

Building Details

Building Size 1,350 SF
Year Built 1975
Listing Agency: BHHS Fox & Roach-Haverford
Listed By: Jonathon Gutkind · License #RS321456
Source: Lizclarkrealestate
Added: Aug 22 Changed: Oct 3 Last Checked: Oct 5 at 9:35PM

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 BHHS Fox & Roach-Haverford

Investment Insights

Based on property information with market context.

This renovated residential income property is a redesigned 2-bedroom, 2-bath condominium with an open-concept living and dining area, galley kitchen, walk-in storage, and a dedicated laundry and utility room. Interior improvements include solid wood soft-close cabinetry, quartz counters, stainless-steel appliances, luxury vinyl tile flooring, recessed lighting, refinished ceilings, new ductwork, HVAC equipment, and a hot water heater. The primary suite includes a walk-in closet and a remodeled bathroom with a double vanity, soaking tub, walk-in shower, heated towel bar, and bidet toilet.

A 35-foot private balcony extends across the residence, with access from every room and views toward Valley Forge National Historical Park. Additional storage is located near the balcony and elevator. Valley Forge Towers West offers 24/7 security, onsite management and maintenance, indoor and outdoor pools, fitness facilities, tennis, pickleball, volleyball, basketball, and ground-floor retail. Upper Merion Rambler and SEPTA bus service stop outside the property, with regional access to shopping, healthcare, Philadelphia, and major highways.

Key Highlights

  • 2‑bedroom, 2‑bath redesigned condominium residence
  • 35‑foot private balcony with access from every room
  • Views of Valley Forge National Historical Park

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,239
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,780 $364.8K
Cap Rate 7%
$260,557 $260.6K
Cap Rate 9%
$202,656 $202.7K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$35.3K $26.16/SF
− Vacancy
−$2.2K −$1.60/SF
EGI
$33.2K $24.56/SF
− OpEx
−$14.9K −$11.05/SF
NOI
$18.2K $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%
$364,780
Cap Rate 7%
$260,557
Cap Rate 9%
$202,656

Alternative Uses

Best Use
Apartment 5plus
$260.6K
$228.0K – $304.0K (±1% cap)
NOI $18,239 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$776.5K
$679.5K – $906.0K (±1% cap)
NOI $54,357 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Grocery & Convenience Store Cafe & Coffee Shop Home Appliance Store Plumbing Service (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby

Demographics for 19406, PA

28,553
Population
14,181
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
97%
High-School Grad
13.4 sq mi
ZIP Area
2,131
Density / Sq Mi
$109,944
Median Household Income
$65,749
Median Earnings
$1,983
Median Rent
$393,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Redesigned condominium residence with upgraded finishes, extensive amenities, and direct views of Valley Forge National Historical Park.
Where is this residential income property located?
The property is located at 20626 VALLEY FORGE CIRCLE Unit 626 King of Prussia, PA.
What is the asking price?
The asking price for this property is $468,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath redesigned condominium residence; 35‑foot private balcony with access from every room; Views of Valley Forge National Historical Park
More about this property
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