Residential Income Property with
30 LE FORGE COURT Unit 30, Chesterbrook, PA 19087
For Sale
$350,000
The first-floor corner residence offers two bedrooms, two bathrooms, and direct access to private outdoor space.
Property Size1,104 SF
Days on Market8
Property Features for 30 LE FORGE COURT Unit 30
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
wood-burning fireplace
patio
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX Main Line - Devon
Listed By:
John Collins · License PA RS184736L
(610) 640-9307
Source:
Lizclarkrealestate
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 8 at 12:30PM
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 RE/MAX Main Line - Devon
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Investment Insights
Based on property information with market context.
This 1984 first-floor corner residence has two bedrooms and two bathrooms. The living and dining areas share a wood-burning fireplace, and sliding doors open from the living room to a patio overlooking community open space. The updated kitchen includes tile flooring, cabinetry, a tile backsplash, and a pass-through to the living room. A pantry and laundry area sit nearby. The primary bedroom has a walk-in closet with built-ins and an ensuite bath; the second bedroom has two closets and access to the hall bath. Fresh paint, new carpeting, and updated windows are among the improvements.
The property is in Chesterbrook, within the Tredyffrin-Easttown School District. Wilson Farm Park and Valley Forge Park are a short walk away. Chesterbrook and Gateway Shopping Centers, King of Prussia Town Center, and Main Line shops, restaurants, and train stations are also noted nearby.
The property is in Chesterbrook, within the Tredyffrin-Easttown School District. Wilson Farm Park and Valley Forge Park are a short walk away. Chesterbrook and Gateway Shopping Centers, King of Prussia Town Center, and Main Line shops, restaurants, and train stations are also noted nearby.
Key Highlights
- Two bedrooms and two bathrooms in a first‑floor corner residence
- Private patio faces community open space
- Wood‑burning fireplace in the living and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,067
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,340
$221.3K
Cap Rate 7%
$158,100
$158.1K
Cap Rate 9%
$122,967
$123.0K
Market Conditions
NOI Build-Up for 1,104 SF
Gross rent
$23.3K $21.12/SF
− Vacancy
−$3.2K −$2.89/SF
EGI
$20.1K $18.23/SF
− OpEx
−$9.1K −$8.20/SF
NOI
$11.1K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,340
Cap Rate 7%
$158,100
Cap Rate 9%
$122,967
Alternative Uses
Best Use
Apartment 5plus
$158.1K
$138.3K – $184.5K
NOI $11,067 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.4K
$331.1K – $441.5K
NOI $26,488 @ 7.0% cap · market cap 7.57%
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
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 19087, PA
33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Delaware County, PA
Properties on Market for Residential income properties in Delaware County
Frequently Asked Questions
What type of property is this?
Residential income property - The first-floor corner residence offers two bedrooms, two bathrooms, and direct access to private outdoor space.
Where is this residential income property located?
The property is located at 30 LE FORGE COURT Unit 30 Chesterbrook, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in a first‑floor corner residence; Private patio faces community open space; Wood‑burning fireplace in the living and dining area
