Two-Level Loft
For Sale
$199,900
735 WASHINGTON STREET Unit 217, Royersford, PA 19468
An open-plan residence pairs mill-inspired details with an upstairs bedroom and convenient entry-floor placement near an exterior door.
Property Size820 SF
Price / SF$243.78
Days on Market125
Property Features for 735 WASHINGTON STREET Unit 217
General Information
Standard status
Active
Size
820 SF
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
$3,437
Building Details
Building Size
820 SF
Year Built
2007
Listing Agency:
Compass Pennsylvania, LLC
Listed By:
Jeffrey G Nixon · License #RS302941
(267) 278-6591
Source:
Thejrsrealtygroup
Added: Jul 2
Changed: Nov 2
Last Checked: Nov 3 at 8:53AM
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 Compass Pennsylvania, LLC
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Investment Insights
Based on property information with market context.
This 820-square-foot condominium has an open living and kitchen area, with a bedroom on the upper level overlooking the main space. Exposed beams, tall ceilings, large windows, and hardwood flooring in the living room preserve the industrial character. The kitchen has granite counters, white cabinetry and appliances, and a breakfast bar; luxury vinyl plank flooring and fresh paint are also noted. The full bathroom includes laundry. Built in 2007, the unit is close to an exterior door on the entry floor.
The property is in Royersford, minutes from downtown businesses, restaurants, breweries, shops, parks, and the Schuylkill River Trail. Routes 422 and 724 provide access to nearby employment centers.
The property is in Royersford, minutes from downtown businesses, restaurants, breweries, shops, parks, and the Schuylkill River Trail. Routes 422 and 724 provide access to nearby employment centers.
Key Highlights
- 820‑square‑foot, one‑bedroom, one‑bathroom condominium
- Upper‑level bedroom overlooks the open living area
- Exposed beams, high ceilings, large windows, and living‑room hardwood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,078
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,560
$221.6K
Cap Rate 7%
$158,257
$158.3K
Cap Rate 9%
$123,089
$123.1K
Market Conditions
NOI Build-Up for 820 SF
Gross rent
$21.5K $26.16/SF
− Vacancy
−$1.3K −$1.60/SF
EGI
$20.1K $24.56/SF
− OpEx
−$9.1K −$11.05/SF
NOI
$11.1K $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%
$221,560
Cap Rate 7%
$158,257
Cap Rate 9%
$123,089
Alternative Uses
Best Use
Apartment 5plus
$158.3K
$138.5K – $184.6K
NOI $11,078 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$471.7K
$412.7K – $550.3K
NOI $33,017 @ 7.0% cap · market cap 16.52%
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
598
Businesses Nearby
Explore this area
Business Placement
Demographics for 19468, PA
27,869
Population
11,560
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,649
Density / Sq Mi
$106,261
Median Household Income
$60,951
Median Earnings
$1,688
Median Rent
$383,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An open-plan residence pairs mill-inspired details with an upstairs bedroom and convenient entry-floor placement near an exterior door.
Where is this residential income property located?
The property is located at 735 WASHINGTON STREET Unit 217 Royersford, PA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 820‑square‑foot, one‑bedroom, one‑bathroom condominium; Upper‑level bedroom overlooks the open living area; Exposed beams, high ceilings, large windows, and living‑room hardwood flooring
