Residential Income Property with
New
For Sale
$239,900
42 CONSHOHOCKEN STATE ROAD Unit 4-C, Bala Cynwyd, PA 19004
The second-floor corner condominium has central heat and air conditioning, plus a designated parking space.
Property Size794 SF
Days on Market6
Property Features for 42 CONSHOHOCKEN STATE ROAD Unit 4-C
General Information
Standard status
Active
Size
794 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,859
Amenities
gated community
courtyard
hardwood flooring
central heat and central A/C
washer and dryer
storage room
Building Details
Building Size
794 SF
Year Built
1948
Listing Agency:
Keller Williams Main Line
Listed By:
Thomas Graham Hook · License #RS360686
(610) 585-6819
Source:
Mainlinekw
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 13 at 12:33AM
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 Keller Williams Main Line
Investment Insights
Based on property information with market context.
This two-bedroom condominium occupies a second-floor corner position in a gated community. Windows on three sides bring in natural light, and hardwood flooring extends through most of the unit. The living room connects to a dining area and kitchen, where an island separates the spaces. Both bedrooms have closets; the bathroom includes a tub with shower and a stacked washer and dryer. Central heat and air conditioning serve the unit. A designated parking space is located outside the rear entrance, and a secure basement storage room measures 9 by 13 feet with a 7.5-foot ceiling. The building was constructed in 1948.
The property is in the Lower Merion School District. Cynwyd train station, Bala Cynwyd Shopping Center, the Post Office, and the Bala Cynwyd Heritage Trail are within walking distance. The trail connects with Manayunk and the Schuylkill River Trail. The listing also identifies access to I-76 and proximity to Center City, St. Joseph’s University, the College of Osteopathic Medicine, and Lankenau Hospital.
The property is in the Lower Merion School District. Cynwyd train station, Bala Cynwyd Shopping Center, the Post Office, and the Bala Cynwyd Heritage Trail are within walking distance. The trail connects with Manayunk and the Schuylkill River Trail. The listing also identifies access to I-76 and proximity to Center City, St. Joseph’s University, the College of Osteopathic Medicine, and Lankenau Hospital.
Key Highlights
- Two‑bedroom, second‑floor corner condominium with windows on three sides
- Central heat and central air conditioning
- Designated parking space 35 outside the rear door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,727
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,540
$214.5K
Cap Rate 7%
$153,243
$153.2K
Cap Rate 9%
$119,189
$119.2K
Market Conditions
NOI Build-Up for 794 SF
Gross rent
$20.8K $26.16/SF
− Vacancy
−$1.3K −$1.60/SF
EGI
$19.5K $24.56/SF
− OpEx
−$8.8K −$11.05/SF
NOI
$10.7K $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%
$214,540
Cap Rate 7%
$153,243
Cap Rate 9%
$119,189
Alternative Uses
Best Use
Apartment 5plus
$153.2K
$134.1K – $178.8K
NOI $10,727 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$456.7K
$399.6K – $532.8K
NOI $31,970 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,387
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - The second-floor corner condominium has central heat and air conditioning, plus a designated parking space.
Where is this residential income property located?
The property is located at 42 CONSHOHOCKEN STATE ROAD Unit 4-C Bala Cynwyd, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑bedroom, second‑floor corner condominium with windows on three sides; Central heat and central air conditioning; Designated parking space 35 outside the rear door
