One-Bedroom Residential
309 FLORENCE AVENUE Unit 211-N, Jenkintown, PA 19046
For Sale
New
$139,900
Updated kitchen finishes and a balcony complement a one-bedroom layout with generous closet storage.
Property Size784 SF
Days on Market4
Property Features for 309 FLORENCE AVENUE Unit 211-N
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
daily doorman security
locked storage
free parking
shared laundry
in-ground community pool
recreation space
library
balcony
Building Details
Building Size
Year Built
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Sharon A Laudenbach · License #RS316532
(610) 212-2730
Source:
Lizclarkrealestate
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:20PM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom condominium in Beaver Hill Condominiums features LVT flooring, a kitchen with wood cabinetry, stainless steel appliances and granite countertops, plus a living and dining area opening to a balcony through full-height sliding doors. The bedroom includes a walk-in closet, and two additional closets sit near the entry. The building dates to 1965. Monthly condominium dues cover utilities.
Building amenities include doorman security, basement storage, shared laundry on the floor with Speed Queen washers and dryers, free parking, an in-ground pool, recreation space and a library. A privately rented parking spot is also an option. The property is near Jenkintown Train Station, other public transportation and shopping, and is within Jenkintown Borough School District.
Building amenities include doorman security, basement storage, shared laundry on the floor with Speed Queen washers and dryers, free parking, an in-ground pool, recreation space and a library. A privately rented parking spot is also an option. The property is near Jenkintown Train Station, other public transportation and shopping, and is within Jenkintown Borough School District.
Key Highlights
- One bedroom and one bathroom with a living and dining area
- Kitchen with wood cabinets, stainless steel appliances and granite countertops
- Balcony accessed through full‑height sliding doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,592
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,840
$211.8K
Cap Rate 7%
$151,314
$151.3K
Cap Rate 9%
$117,689
$117.7K
Market Conditions
NOI Build-Up for 784 SF
Gross rent
$20.5K $26.16/SF
− Vacancy
−$1.3K −$1.60/SF
EGI
$19.3K $24.56/SF
− OpEx
−$8.7K −$11.05/SF
NOI
$10.6K $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%
$211,840
Cap Rate 7%
$151,314
Cap Rate 9%
$117,689
Alternative Uses
Best Use
Apartment 5plus
$151.3K
$132.4K – $176.5K
NOI $10,592 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$451.0K
$394.6K – $526.1K
NOI $31,568 @ 7.0% cap · market cap 22.56%
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
2,279
Businesses Nearby
Explore this area
Business Placement
Demographics for 19046, PA
19,669
Population
8,418
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
2,936
Density / Sq Mi
$112,959
Median Household Income
$66,042
Median Earnings
$1,433
Median Rent
$446,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Montgomery County, PA
Properties on Market for Residential income properties in Montgomery County
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen finishes and a balcony complement a one-bedroom layout with generous closet storage.
Where is this residential income property located?
The property is located at 309 FLORENCE AVENUE Unit 211-N Jenkintown, PA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: One bedroom and one bathroom with a living and dining area; Kitchen with wood cabinets, stainless steel appliances and granite countertops; Balcony accessed through full‑height sliding doors
