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Property profile & analytics

900 Greenwood Ave Jenkintown, PA 19046

  • Commercial real estate
  • 5,000 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US73-1308281
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 900 Greenwood Ave

Year built
1924
Lot size
0.40 lot acres
Property size
5,000 SF
Property type
Commercial real estate

Description

This exceptional Class A multifamily investment property, located at 900 Greenwood Ave in Jenkintown Borough, Montgomery County, Pennsylvania (zip code 19046), presents a compelling opportunity for discerning investors. The property comprises two buildings totaling 5,000 square feet on a 0.4-acre lot, featuring six units—four one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units. A complete renovation in 2018 ensures modern amenities and high-quality finishes. Each unit boasts a dedicated parking space in a convenient parking lot, with an additional six parking spaces available. The property benefits from separate utilities for each unit, allowing for efficient management and cost control. Currently utilized as short-term rentals, generating an average monthly rent of $16,000, the property also includes two detached garages, generating an additional $500 in monthly rental income. The property's strong performance is reflected in a 9.60% cap rate and a net operating income (NOI) of $174,568. Financial statements are available upon request. Its prime location offers easy access to public transportation and the vibrant Jenkintown Borough. The property's corner location and permitted multi-family zoning provide significant upside potential. This is a turnkey investment ready for immediate income generation, with the flexibility to continue as short-term rentals, long-term rentals, or a combination of both. The property is zoned for multi-family use. Built in 1924, this property offers a blend of historic charm and modern updates.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

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  • Local Demand
City
Jenkintown
County
Montgomery
State
Pennsylvania
Longitude
-75.1236718
Latitude
40.0940363
More about this property
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