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Residential Income Property with Balcony
For Sale
$495,000

41 CONSHOHOCKEN STATE ROAD Unit 409, Bala Cynwyd, PA 19004

Spacious condominium residence with two bedroom suites, private outdoor space, and extensive community amenities.

Property Size2,366 SF
Days on Market90

Property Features for 41 CONSHOHOCKEN STATE ROAD Unit 409

General Information

Standard status Active
Size 2,366 SF
Total Parking Spaces 1
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $10,998

Amenities

24-hour security
fitness center
swimming pool
tennis courts
pickleball courts
private balcony
laundry room

Building Details

Building Size 2,366 SF
Year Built 1976
Listing Agency: BHHS Fox & Roach-Haverford
Listed By: Andrea Robbins · License #RS121759A
Source: Mainlinekw
Added: Aug 1 Changed: Oct 25 Last Checked: Oct 28 at 2:08PM

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

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Investment Insights

Based on property information with market context.

This generously proportioned condominium residence offers an adaptable interior with a foyer, combined living and dining areas, a den, and a private balcony. The eat-in kitchen includes granite counters, wood cabinetry, a tiled backsplash, and substantial storage, while a separate laundry room includes a full-size washer and dryer. The primary suite features a sitting area, dressing space, fitted walk-in closets, additional closets, and an en suite bath with a soaking tub and separate shower. A second bedroom suite includes built-in cabinetry and a private tiled bath. Parquet flooring, custom built-ins, individually controlled heating and air conditioning, and an indoor garage parking space complete the residence.

Located in Bala Cynwyd, Pennsylvania, the condominium community provides 24-hour security, a fitness center, swimming pool, tennis courts, pickleball courts, and a social calendar. The property is near houses of worship, shopping, schools, dining, and transportation. Built in 1976, the residence offers room for customization within an established condominium setting.

Key Highlights

  • Two bedroom suites, including a primary suite with sitting area, dressing space, and fitted walk‑in closets
  • Private balcony connected to the living and dining areas
  • Eat‑in kitchen with granite countertops, wood cabinetry, tiled backsplash, and abundant storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,965
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,300 $639.3K
Cap Rate 7%
$456,643 $456.6K
Cap Rate 9%
$355,167 $355.2K
Market Conditions
NOI Build-Up for 2,366 SF
Gross rent
$61.9K $26.16/SF
− Vacancy
−$3.8K −$1.60/SF
EGI
$58.1K $24.56/SF
− OpEx
−$26.2K −$11.05/SF
NOI
$32.0K $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%
$639,300
Cap Rate 7%
$456,643
Cap Rate 9%
$355,167

Alternative Uses

Best Use
Apartment 5plus
$456.6K
$399.6K – $532.8K (±1% cap)
NOI $31,965 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,266 @ 7.0% cap · market cap 19.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,387
Businesses Nearby

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 - Spacious condominium residence with two bedroom suites, private outdoor space, and extensive community amenities.
Where is this residential income property located?
The property is located at 41 CONSHOHOCKEN STATE ROAD Unit 409 Bala Cynwyd, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two bedroom suites, including a primary suite with sitting area, dressing space, and fitted walk‑in closets; Private balcony connected to the living and dining areas; Eat‑in kitchen with granite countertops, wood cabinetry, tiled backsplash, and abundant storage
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