Mixed-Use Building with
64 N YORK RD, Willow Grove, PA 19090
For Sale
New
$449,900
Upper-level bedrooms are rented individually, with shared kitchen and bathroom facilities on each floor.
Property Size3,144 SF
Price / SF$143.10
Days on Market2
Property Features for 64 N YORK RD
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Public Transit
Mixed-Use Components
Additional Details
Tenant in Place
Amenities
covered deck
Building Details
Buildings
Stories
Tenancy
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
John Houpert · License #RS227454L
(215) 858-7147
Source:
360
Added: Nov 6
Last Checked: Nov 6 at 2:43PM
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 Homestarr Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story, 3,144-square-foot mixed-use property combines a ground-floor storefront with residential space. A one-bedroom, one-bathroom apartment is located behind the storefront. The second and third floors each have three bedrooms, a shared kitchen and a shared bathroom; the second floor also opens onto a covered deck. The property has eight income-producing units and is reported at 100% occupancy.
The building is within walking distance of train and bus service, Willow Grove Mall and restaurants.
The building is within walking distance of train and bus service, Willow Grove Mall and restaurants.
Key Highlights
- 3,144‑square‑foot, three‑story mixed‑use property
- Ground floor includes storefront space and a rear one‑bedroom, one‑bathroom apartment
- Second and third floors each have 3 bedrooms, a shared kitchen and a shared bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,951
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,020
$759.0K
Cap Rate 7%
$542,157
$542.2K
Cap Rate 9%
$421,678
$421.7K
Market Conditions
NOI Build-Up for 3,144 SF
Gross rent
$56.6K $18.00/SF
− Vacancy
−$2.4K −$0.76/SF
EGI
$54.2K $17.24/SF
− OpEx
−$16.3K −$5.17/SF
NOI
$38.0K $12.07/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,020
Cap Rate 7%
$542,157
Cap Rate 9%
$421,678
Alternative Uses
Best Use
Apartment 5plus
$606.8K
$531.0K – $707.9K
NOI $42,476 @ 7.0% cap · market cap 9.44%
Second Best
Retail
$542.2K
$474.4K – $632.5K
NOI $37,951 @ 7.0% cap · market cap 8.44%
Theoretical Best
Specialty Retail
$1.81M
$1.58M – $2.11M
NOI $126,592 @ 7.0% cap · market cap 28.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 19090, PA
20,180
Population
8,141
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
4,387
Density / Sq Mi
$97,341
Median Household Income
$55,254
Median Earnings
$1,606
Median Rent
$338,000
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Montgomery County, PA
Properties on Market for Mixed-use properties in Montgomery County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Upper-level bedrooms are rented individually, with shared kitchen and bathroom facilities on each floor.
Where is this mixed-use property located?
The property is located at 64 N YORK RD Willow Grove, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3,144‑square‑foot, three‑story mixed‑use property; Ground floor includes storefront space and a rear one‑bedroom, one‑bathroom apartment; Second and third floors each have 3 bedrooms, a shared kitchen and a shared bathroom
