Two-Bedroom Residential
930 W MONTGOMERY AVENUE Unit 606, Bryn Mawr, PA 19010
For Sale
New
$419,000
Updated kitchen, in-unit laundry, and access to shared fitness and recreation rooms complement this condominium residence.
Property Size1,348 SF
Price / SF$310.83
Days on Market7
Property Features for 930 W MONTGOMERY AVENUE Unit 606
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
tiled entrance
front desk receptionist/security
on-site management
large seating area
mailroom
individual storage
outside accessible entrance to parking area
exercise room
game room
party room
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Main Line
Listed By:
Jamie L Rennis · License PA RS316167
(610) 500-3158
Source:
Lizclarkrealestate
Added: Nov 4
Changed: Nov 9
Last Checked: Nov 8 at 12:02PM
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 Main Line
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Investment Insights
Based on property information with market context.
Located in Benson House, this 1,348-square-foot condominium has two bedrooms and two bathrooms. Hardwood flooring, an updated kitchen, and a new washer and dryer are among its interior features. The 1976 building includes a reception desk, on-site management, storage for individual residents, two lobby elevators, and an accessible route to the parking area. Shared spaces include an exercise room, game room, party room, and seating area, along with a mailroom and tiled entry.
The property is in Bryn Mawr and the Lower Merion School District. Train stations, retail, and restaurants are within walking distance.
The property is in Bryn Mawr and the Lower Merion School District. Train stations, retail, and restaurants are within walking distance.
Key Highlights
- Two bedrooms and two bathrooms across 1,348 square feet
- Updated kitchen, hardwood floors, and new washer and dryer
- Benson House, built in 1976, provides on‑site management and a reception desk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,513
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,260
$270.3K
Cap Rate 7%
$193,043
$193.0K
Cap Rate 9%
$150,144
$150.1K
Market Conditions
NOI Build-Up for 1,348 SF
Gross rent
$28.5K $21.12/SF
− Vacancy
−$3.9K −$2.89/SF
EGI
$24.6K $18.23/SF
− OpEx
−$11.1K −$8.20/SF
NOI
$13.5K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,260
Cap Rate 7%
$193,043
Cap Rate 9%
$150,144
Alternative Uses
Best Use
Apartment 5plus
$193.0K
$168.9K – $225.2K
NOI $13,513 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.0K
$404.3K – $539.0K
NOI $32,342 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,710
Businesses Nearby
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Business Placement
Demographics for 19010, PA
21,270
Population
8,520
Households
2.5
Avg Household Size
38
Median Age
77%
College-Educated
98%
High-School Grad
8.5 sq mi
ZIP Area
2,502
Density / Sq Mi
$143,986
Median Household Income
$61,732
Median Earnings
$1,890
Median Rent
$788,700
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Delaware County, PA
Properties on Market for Residential income properties in Delaware County
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen, in-unit laundry, and access to shared fitness and recreation rooms complement this condominium residence.
Where is this residential income property located?
The property is located at 930 W MONTGOMERY AVENUE Unit 606 Bryn Mawr, PA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms across 1,348 square feet; Updated kitchen, hardwood floors, and new washer and dryer; Benson House, built in 1976, provides on‑site management and a reception desk
