Two-Bedroom Condominium
For Sale
$399,900
Pending
41 CONSHOHOCKEN STATE ROAD Unit 109, Bala Cynwyd, PA 19004
The 1,647-square-foot corner home has an open living and dining area and a balcony.
Property Size1,647 SF
Days on Market25
Property Features for 41 CONSHOHOCKEN STATE ROAD Unit 109
General Information
Standard status
Pending
Size
1,647 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,099
Amenities
24-hour concierge and security
swimming pool
tennis and pickleball courts
large storage locker
social activities
Building Details
Building Size
1,647 SF
Year Built
1976
Listing Agency:
BHHS Fox & Roach-Haverford
Listed By:
Andrea Robbins · License #RS121759A
(610) 212-6848
Source:
Mainlinekw
Added: Sep 15
Changed: Oct 3
Last Checked: Oct 7 at 4:26PM
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 1,647-square-foot condominium residence has two bedrooms and two bathrooms. Its corner layout includes an open living and dining area, an eat-in kitchen, and a balcony off the living room. The kitchen has stainless steel appliances, granite countertops, and a tile backsplash; laundry is adjacent. The primary suite includes a dressing area, fitted walk-in closet, and en-suite bath. The second bedroom connects to the living room, and a hall bath serves the unit. Engineered wood flooring, crown molding, chair rail, and recessed lighting finish the main living area. The property was built in 1976.
Building amenities include a 24-hour concierge and security, an indoor garage space, a swimming pool, tennis and pickleball courts, and a storage locker. The unit is one level above the lobby, with access to the upper parking lot. Resident activities include a book club, mixed media workshop, game night, and movie night.
Building amenities include a 24-hour concierge and security, an indoor garage space, a swimming pool, tennis and pickleball courts, and a storage locker. The unit is one level above the lobby, with access to the upper parking lot. Resident activities include a book club, mixed media workshop, game night, and movie night.
Key Highlights
- 1,647‑square‑foot corner condominium with two bedrooms and two bathrooms
- Balcony off the living room
- Updated eat‑in kitchen with stainless steel appliances, granite countertops, and tile backsplash
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,252
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,040
$445.0K
Cap Rate 7%
$317,886
$317.9K
Cap Rate 9%
$247,244
$247.2K
Market Conditions
NOI Build-Up for 1,647 SF
Gross rent
$43.1K $26.16/SF
− Vacancy
−$2.6K −$1.60/SF
EGI
$40.5K $24.56/SF
− OpEx
−$18.2K −$11.05/SF
NOI
$22.3K $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%
$445,040
Cap Rate 7%
$317,886
Cap Rate 9%
$247,244
Alternative Uses
Best Use
Apartment 5plus
$317.9K
$278.2K – $370.9K
NOI $22,252 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$947.4K
$829.0K – $1.11M
NOI $66,316 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,387
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The 1,647-square-foot corner home has an open living and dining area and a balcony.
Where is this residential income property located?
The property is located at 41 CONSHOHOCKEN STATE ROAD Unit 109 Bala Cynwyd, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,647‑square‑foot corner condominium with two bedrooms and two bathrooms; Balcony off the living room; Updated eat‑in kitchen with stainless steel appliances, granite countertops, and tile backsplash
