Renovated Residential Income
For Sale
$195,000
3900 FORD ROAD Unit 14K, Philadelphia, PA 19131
Two-bedroom residence with updated interiors, in-unit laundry, and access to extensive community amenities.
Property Size1,140 SF
Days on Market50
Property Features for 3900 FORD ROAD Unit 14K
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
West Philadelphia
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,767
Amenities
In-Unit Laundry
Private Balcony
Indoor Pool
Outdoor Pool
Hot Tub
Exercise Room
Concierge Service
Meeting Rooms
Library
Mail Room
Security Gate
Lobby Desk
Building Details
Building Size
1,140 SF
Year Built
1960
Year Renovated
2020
Listing Agency:
Bally Gwynedd Realty
Listed By:
Lorraine S. Miranda · License #RM424913
(800) 215-9180
Source:
Mainlinekw
Added: Sep 17
Changed: Nov 4
Last Checked: Nov 4 at 7:36PM
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 Bally Gwynedd Realty
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Investment Insights
Based on property information with market context.
This residential income property is a renovated two-bedroom, 1.5-bath residence in a building constructed in 1960. The unit was updated in 2020 and features an open kitchen and living area, upgraded countertops, engineered wood flooring, ceramic tile, updated bathrooms, a walk-in closet, and a front-loading washer and dryer. A private balcony overlooks the Philadelphia skyline.
Community amenities include indoor and outdoor pools, a hot tub, exercise room, concierge service, meeting rooms, library, mail room, security gate, and lobby desk. The association fee covers air conditioning, electricity, and maintenance. The property is near public transportation, with Bala and Wynnefield Avenue SEPTA stations approximately 5–6 minutes away and Suburban Station in Center City reachable in 19–20 minutes. Route 76 is approximately 6 minutes away, while Philadelphia International Airport is about 19 minutes away. The building accepts FHA mortgages.
Community amenities include indoor and outdoor pools, a hot tub, exercise room, concierge service, meeting rooms, library, mail room, security gate, and lobby desk. The association fee covers air conditioning, electricity, and maintenance. The property is near public transportation, with Bala and Wynnefield Avenue SEPTA stations approximately 5–6 minutes away and Suburban Station in Center City reachable in 19–20 minutes. Route 76 is approximately 6 minutes away, while Philadelphia International Airport is about 19 minutes away. The building accepts FHA mortgages.
Key Highlights
- Two‑bedroom, 1.5‑bath residence renovated in 2020
- Open kitchen and living area with upgraded countertops
- Private balcony with Philadelphia skyline views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,932
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,640
$358.6K
Cap Rate 7%
$256,171
$256.2K
Cap Rate 9%
$199,244
$199.2K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$34.6K $30.36/SF
− Vacancy
−$2.0K −$1.76/SF
EGI
$32.6K $28.60/SF
− OpEx
−$14.7K −$12.87/SF
NOI
$17.9K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,640
Cap Rate 7%
$256,171
Cap Rate 9%
$199,244
Alternative Uses
Best Use
Apartment 5plus
$256.2K
$224.2K – $298.9K
NOI $17,932 @ 7.0% cap · market cap 9.20%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$277.9K
$243.2K – $324.2K
NOI $19,454 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
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Business Placement
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with updated interiors, in-unit laundry, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 3900 FORD ROAD Unit 14K Philadelphia, PA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two‑bedroom, 1.5‑bath residence renovated in 2020; Open kitchen and living area with upgraded countertops; Private balcony with Philadelphia skyline views
