Residential Income Property with
For Sale
$364,900
666 W GERMANTOWN PIKE Unit 1601, Plymouth Meeting, PA 19462
The corner residence has a wraparound balcony and access to a fitness center, bike room, and parking garage.
Property Size1,446 SF
Price / SF$252.35
Days on Market82
Property Features for 666 W GERMANTOWN PIKE Unit 1601
General Information
Standard status
Active
Size
1,446 SF
Property subtype
Penthouse Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,991
Amenities
pool
fitness center
bike room
laundry room
picnic area
mailroom with vending
wraparound balcony
washer/dryer
Building Details
Building Size
1,446 SF
Year Built
1974
Listing Agency:
Keller Williams Real Estate-Blue Bell
Listed By:
Charlene A Houston · License #RS348858
(267) 304-4916
Source:
Wagnerrealestate
Added: Aug 14
Changed: Nov 2
Last Checked: Nov 3 at 9:00AM
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 Real Estate-Blue Bell
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Investment Insights
Based on property information with market context.
This 1,446-square-foot corner residence is on the sixth floor and includes three bedrooms and two bathrooms. The living and dining areas receive natural light, and sliding doors open to a wraparound balcony. The kitchen has cabinetry, counter space, electric cooking, a dishwasher, microwave, and refrigerator. A washer and dryer are located in the unit, with additional storage outside it.
Building amenities include a fitness center, bike room, terrace-level laundry room, mailroom with vending, and access to a parking garage. The property is in the Colonial School District, near Plymouth Meeting Mall, shopping and dining along Germantown Pike, and major highways. Built in 1974.
Building amenities include a fitness center, bike room, terrace-level laundry room, mailroom with vending, and access to a parking garage. The property is in the Colonial School District, near Plymouth Meeting Mall, shopping and dining along Germantown Pike, and major highways. Built in 1974.
Key Highlights
- 1,446‑square‑foot corner residence on the sixth floor
- Three bedrooms and two bathrooms
- Wraparound balcony overlooking the grounds, picnic area, and pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,536
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,720
$390.7K
Cap Rate 7%
$279,086
$279.1K
Cap Rate 9%
$217,067
$217.1K
Market Conditions
NOI Build-Up for 1,446 SF
Gross rent
$37.8K $26.16/SF
− Vacancy
−$2.3K −$1.60/SF
EGI
$35.5K $24.56/SF
− OpEx
−$16.0K −$11.05/SF
NOI
$19.5K $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%
$390,720
Cap Rate 7%
$279,086
Cap Rate 9%
$217,067
Alternative Uses
Best Use
Apartment 5plus
$279.1K
$244.2K – $325.6K
NOI $19,536 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$831.8K
$727.8K – $970.4K
NOI $58,223 @ 7.0% cap · market cap 15.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,510
Businesses Nearby
Explore this area
Business Placement
Demographics for 19462, PA
16,267
Population
6,658
Households
2.4
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
1,960
Density / Sq Mi
$133,942
Median Household Income
$66,598
Median Earnings
$1,771
Median Rent
$452,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The corner residence has a wraparound balcony and access to a fitness center, bike room, and parking garage.
Where is this residential income property located?
The property is located at 666 W GERMANTOWN PIKE Unit 1601 Plymouth Meeting, PA.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: 1,446‑square‑foot corner residence on the sixth floor; Three bedrooms and two bathrooms; Wraparound balcony overlooking the grounds, picnic area, and pool
