Apartment Building with Central
For Sale
$2,550,000
Pending
514-530 GRAVEL PIKE, Collegeville, PA 19426
Private parking and a mix of gas and electric appliances support the property’s residential configuration.
Property Size10,580 SF
Days on Market401
Property Features for 514-530 GRAVEL PIKE
General Information
Standard status
Pending
Size
10,580 SF
Total Parking Spaces
30
Property subtype
Residential Income
Zoning
1140 APT: CONVERSION 5+
Net Operating Income
$206,169
Taxes and HOA fees
Annual Taxes
$17,680
Amenities
Sport Court
Central Air, Electric
Natural Gas, Oil, Central, Forced Air, Baseboard
Daylight, Full
Gas Range, Gas Oven, Electric Water Heater, Gas Water Heater, Dishwasher, Dryer, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
Water
Private, Parking Lot
Lighting
Bungalow, Cabin/Lodge, Cottage, Side-by-Side, Other
Building Details
Building Size
10,580 SF
Year Built
1940
Stories
2
Listing Agency:
Berkshire Hathaway HomeServices Fox & Roach, Realtors
(610) 804-9716
Listed By:
Bob Kline · License #AB060459L
(610) 804-9716
Source:
Evrealestate
Added: Jun 29, 2025
Changed: Aug 2
Last Checked: Aug 2 at 8:10AM
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 Berkshire Hathaway HomeServices Fox & Roach, Realtors
Investment Insights
Based on property information with market context.
This apartment property at 514-530 Gravel Pike contains 10,580 square feet and was built in 1940. Interior features include central air, electric service, forced-air and baseboard heating, full daylight basement space, and a kitchen appliance package with gas and electric equipment. The property also includes laundry appliances and stainless steel appliances.
A private parking lot serves the property, with exterior lighting and water listed among the site features. The property is located in Collegeville, Montgomery County, and carries the zoning designation 1140 APT: CONVERSION 5+.
A private parking lot serves the property, with exterior lighting and water listed among the site features. The property is located in Collegeville, Montgomery County, and carries the zoning designation 1140 APT: CONVERSION 5+.
Key Highlights
- 10,580‑square‑foot apartment property built in 1940
- Zoned 1140 APT: CONVERSION 5+
- Central air with forced‑air and baseboard heating
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $276.8k | $26.16 |
| − Vacancy | −$16.9k | −$1.60 |
| EGI | $259.9k | $24.56 |
| − OpEx | −$117.0k | −$11.05 |
| NOI | $142.9k | $13.51 |
10,580 SF · lease $26.16/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.04M
$1.79M – $2.38M
NOI $142,939 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.09M
$5.33M – $7.10M
NOI $426,001 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 19426, PA
43,541
Population
14,136
Households
3.1
Avg Household Size
40
Median Age
53%
College-Educated
93%
High-School Grad
34.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$151,030
Median Household Income
$62,482
Median Earnings
$1,932
Median Rent
$471,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Private parking and a mix of gas and electric appliances support the property’s residential configuration.
Where is this apartment building located?
The property is located at 514-530 GRAVEL PIKE Collegeville, PA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 10,580‑square‑foot apartment property built in 1940; Zoned 1140 APT: CONVERSION 5+; Central air with forced‑air and baseboard heating
