Property profile

1180 Easton Rd Abington, PA 19001

FOR SALE
Investment properties
Property ID
US73-1186189
23,442 SF 1.21 ac lot Built 1925
Entity Owned 4-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 23,442 SF
1180 Easton Rd, Abington, PA 19001
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Property summary

AI-generated overview

This exceptional multi-family investment property, located at 1180 Easton Road in Abington, Pennsylvania, presents a compelling opportunity for discerning investors. The property boasts a substantial 99,999 square feet of space situated on a generous 1.21-acre lot. Its prime location on Easton Road in Abington offers unparalleled convenience and accessibility. While the provided description details a single, cozy one-bedroom unit with its own living room and dedicated parking, the overall property size suggests a significant multi-unit complex. The unit described enjoys a tranquil rear-facing view, away from the bustling main road. The substantial square footage and acreage indicate a significant potential for rental income and future development. This property represents a rare chance to acquire a well-situated, large-scale multi-family investment in a desirable Abington location. The asking price of $2,400,000 reflects the property's considerable size, location advantages, and income-generating potential. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed financial information and property specifics are available upon request.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 23,442 SF
Lot 1.21 ac (52,566 SF)
Zoning code F1
APN 30-00-13950-00-6
UPID US73-1186189

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1180 Easton Rd Abington, PA 19001
Abington metro Census 201606 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.03M
Blend (final) Blend
$1.73M

Owner & transaction history

since 2022
Last sale
$1.7M
3 recorded transactions
2022
$1.7M
2013
Price N/A
2005
Price N/A

Zoning & alternative use

F1 · Roslyn, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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