One-Bedroom Condo with
For Sale
$209,000
666 W GERMANTOWN PIKE Unit 2103, Plymouth Meeting, PA 19462
Residents have access to a pool, fitness center, tennis and basketball courts, and a clubroom.
Property Size809 SF
Days on Market13
Property Features for 666 W GERMANTOWN PIKE Unit 2103
General Information
Standard status
Active
Size
809 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,120
Amenities
pool
fitness center
tennis & basketball courts
clubroom
private balcony
Building Details
Building Size
809 SF
Year Built
1974
Listing Agency:
Ergo Real Estate Company
Listed By:
Lyle D Sell · License #RS210676L
(610) 202-6856
Source:
Lizclarkrealestate
Added: Oct 22
Changed: Oct 31
Last Checked: Nov 3 at 2:18PM
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 Ergo Real Estate Company
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 one-bedroom, one-bathroom condominium has an open living and dining area, a kitchen with ample cabinetry and counter space, and a private balcony. The bedroom includes closet space, and the residence was built in 1974.
The gated community provides 24-hour security, an outdoor swimming pool, tennis and basketball courts, a fitness center, a clubroom, and elevator access. Plymouth Meeting Mall, Whole Foods, restaurants, and shops are described as within walking distance. Nearby regional routes include the Pennsylvania Turnpike (I-276), I-476, I-76, and Route 202. The property is in the Colonial School District.
The gated community provides 24-hour security, an outdoor swimming pool, tennis and basketball courts, a fitness center, a clubroom, and elevator access. Plymouth Meeting Mall, Whole Foods, restaurants, and shops are described as within walking distance. Nearby regional routes include the Pennsylvania Turnpike (I-276), I-476, I-76, and Route 202. The property is in the Colonial School District.
Key Highlights
- One bedroom and one full bathroom
- Private balcony off the living area
- Community amenities include an outdoor pool, fitness center, tennis and basketball courts, and clubroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,930
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,600
$218.6K
Cap Rate 7%
$156,143
$156.1K
Cap Rate 9%
$121,444
$121.4K
Market Conditions
NOI Build-Up for 809 SF
Gross rent
$21.2K $26.16/SF
− Vacancy
−$1.3K −$1.60/SF
EGI
$19.9K $24.56/SF
− OpEx
−$8.9K −$11.05/SF
NOI
$10.9K $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%
$218,600
Cap Rate 7%
$156,143
Cap Rate 9%
$121,444
Alternative Uses
Best Use
Apartment 5plus
$156.1K
$136.6K – $182.2K
NOI $10,930 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$465.3K
$407.2K – $542.9K
NOI $32,574 @ 7.0% cap · market cap 15.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to a pool, fitness center, tennis and basketball courts, and a clubroom.
Where is this residential income property located?
The property is located at 666 W GERMANTOWN PIKE Unit 2103 Plymouth Meeting, PA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: One bedroom and one full bathroom; Private balcony off the living area; Community amenities include an outdoor pool, fitness center, tennis and basketball courts, and clubroom
