GLENSIDE, PA 19038 Glenside, PA 19038
MULTI_FAMILY - GLENSIDE, PA
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Standard status
- Pending
- Size
- 2,240 SF
Building Details
- Year built
- 1850
Listing agent Pat Bezek (267) 566-9096
Listing office BHHS Fox & Roach Jenkintown Home Marketing Center PA (215) 887-0400
Listing date Jun 29, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A separate side entrance provides access to the apartments as well as the laundry rooms and mechanical area. An additional room on the first floor is already plumbed for a future full bath. The property is being sold in its present condition, and the Seller will make no repairs or improvements, including any Township Use & Occupancy requirements.
Buyer and buyer’s agents are responsible for verifying any intended use with the Township. Minimum 24-hour notice is required for showings, and all offers are considered.
Key Highlights
- Mixed‑use commercial property with an 1850 build year
- First‑floor unfinished warehouse space currently being used by the seller
- Second‑floor has two updated 2‑bedroom apartments with kitchens, baths, and living/dining areas
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.3k | $13.08 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $27.0k | $12.03 |
| − OpEx | −$4.0k | −$1.81 |
| NOI | $22.9k | $10.23 |