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Recently Built Residential Income Property
For Sale
$415,000
Pending

77 E 4TH STREET Unit A, Bridgeport, PA 19405

2023 condo with an open layout, rear balcony, quartz kitchen counters, gas cooking, and stainless steel appliances.

Property Size1,741 SF
Days on Market64

Property Features for 77 E 4TH STREET Unit A

General Information

Standard status Pending
Size 1,741 SF
Property subtype Unit/Flat/Apartment

Additional Details

Highway Access Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,316

Amenities

balcony
river walk
24/7 security patrol

Building Details

Building Size 1,741 SF
Year Built 2023
Listing Agency: KW Empower
Listed By: Liz A Lutz · License #RS316665
Source: Lizclarkrealestate
Added: Aug 7 Changed: Oct 6 Last Checked: Oct 7 at 6:07PM

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 KW Empower

Investment Insights

Based on property information with market context.

This 2023 residential income property is a condominium with an open interior plan designed for everyday living and entertaining. The kitchen includes gray shaker cabinetry, quartz countertops, gas cooking, and stainless steel appliances. The residence also provides a rear balcony suited to grilling or gardening, bedrooms sized for queen- and king-size beds, and substantial office space. Fresh paint and reported maintenance support immediate occupancy.

The property is at 77 E 4TH STREET Unit A in Bridgeport, Pennsylvania. A river walk along the Schuylkill is located behind the home and connects by foot or bicycle to Puddlers Kitchen and Tap and Upper Merion Boat House Park. The property is also positioned near King of Prussia, Route 202, and Route 276. Homeowners association services include 24/7 security patrol.

Key Highlights

  • Built in 2023 with open‑concept interior layout
  • Gray shaker cabinets, quartz counters, gas cooking, and stainless steel appliances
  • Rear balcony for grilling and gardening

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,521
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,420 $470.4K
Cap Rate 7%
$336,014 $336.0K
Cap Rate 9%
$261,344 $261.3K
Market Conditions
NOI Build-Up for 1,741 SF
Gross rent
$45.5K $26.16/SF
− Vacancy
−$2.8K −$1.60/SF
EGI
$42.8K $24.56/SF
− OpEx
−$19.2K −$11.05/SF
NOI
$23.5K $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%
$470,420
Cap Rate 7%
$336,014
Cap Rate 9%
$261,344

Alternative Uses

Best Use
Apartment 5plus
$336.0K
$294.0K – $392.0K (±1% cap)
NOI $23,521 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.00M
$876.3K – $1.17M (±1% cap)
NOI $70,101 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Cafe & Coffee Shop Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby

Demographics for 19405, PA

5,558
Population
2,318
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
94%
High-School Grad
1.0 sq mi
ZIP Area
5,558
Density / Sq Mi
$78,777
Median Household Income
$52,604
Median Earnings
$1,483
Median Rent
$314,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - 2023 condo with an open layout, rear balcony, quartz kitchen counters, gas cooking, and stainless steel appliances.
Where is this residential income property located?
The property is located at 77 E 4TH STREET Unit A Bridgeport, PA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Built in 2023 with open‑concept interior layout; Gray shaker cabinets, quartz counters, gas cooking, and stainless steel appliances; Rear balcony for grilling and gardening
More about this property
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