Residential Income Property with
For Sale
$295,000
666 W GERMANTOWN PIKE Unit 1813, Plymouth Meeting, PA 19462
Sixth-floor corner residence with a wraparound balcony and access to shared fitness and recreation amenities.
Property Size1,196 SF
Price / SF$246.66
Days on Market108
Property Features for 666 W GERMANTOWN PIKE Unit 1813
General Information
Standard status
Active
Size
1,196 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,540
Amenities
pool
picnic area
fitness center
bike room
mailroom
laundry room
washer/dryer
wraparound balcony
Building Details
Building Size
1,196 SF
Year Built
1974
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Jul 17
Changed: Oct 27
Last Checked: Oct 31 at 8:25PM
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 Realty
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Investment Insights
Based on property information with market context.
This 1,446-square-foot, sixth-floor corner condominium was built in 1974 and contains three bedrooms and two bathrooms. A wraparound balcony extends the living space outdoors, while the living and dining areas receive natural light. The kitchen has cabinetry, counter space, electric cooking, a dishwasher, microwave, and refrigerator. In-unit laundry, a walk-in closet, and a separate storage room add practical features.
Shared facilities include a fitness center, bike room, mailroom with vending, terrace-level laundry, and access to the parking garage. The property is in the Colonial School District and is minutes from Plymouth Meeting Mall, shopping and dining along Germantown Pike, and major highways.
Shared facilities include a fitness center, bike room, mailroom with vending, terrace-level laundry, and access to the parking garage. The property is in the Colonial School District and is minutes from Plymouth Meeting Mall, shopping and dining along Germantown Pike, and major highways.
Key Highlights
- 1,446‑square‑foot, three‑bedroom, two‑bathroom condominium
- Sixth‑floor corner unit with wraparound balcony
- Built in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,158
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,160
$323.2K
Cap Rate 7%
$230,829
$230.8K
Cap Rate 9%
$179,533
$179.5K
Market Conditions
NOI Build-Up for 1,196 SF
Gross rent
$31.3K $26.16/SF
− Vacancy
−$1.9K −$1.60/SF
EGI
$29.4K $24.56/SF
− OpEx
−$13.2K −$11.05/SF
NOI
$16.2K $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%
$323,160
Cap Rate 7%
$230,829
Cap Rate 9%
$179,533
Alternative Uses
Best Use
Apartment 5plus
$230.8K
$202.0K – $269.3K
NOI $16,158 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$688.0K
$602.0K – $802.6K
NOI $48,157 @ 7.0% cap · market cap 16.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,510
Businesses Nearby
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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 - Sixth-floor corner residence with a wraparound balcony and access to shared fitness and recreation amenities.
Where is this residential income property located?
The property is located at 666 W GERMANTOWN PIKE Unit 1813 Plymouth Meeting, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,446‑square‑foot, three‑bedroom, two‑bathroom condominium; Sixth‑floor corner unit with wraparound balcony; Built in 1974
