Log In/Sign Up
Your email has been sent.
900 Greenwood Ave 6 Unit Apartment Building $1,570,000 ($261,667/Unit) 11.95% Cap Rate Jenkintown, PA 19046
INVESTMENT HIGHLIGHTS
- AIRBNB SUPERHOST/LISTINGS CAN BE TRANSFERRED AT AN ADDITIONAL AMOUNT.
EXECUTIVE SUMMARY
Well maintained and updated 6-UNIT corner-property in Jenkintown Borough. All 6 units are fully renovated and well appointed, separately metered & feature washer/dryers in units. There are two, 2 Bedroom, ground-floor units that each have a private entrance. There are four 1 bedroom, 1 bathroom units on the second floor. Each unit has a dedicated off street parking space in the large driveway. They are currently all utilized as short term rentals on AirBnB and are averaging a total rent of $16,000 monthly. There are also two on site detached garages that generate $300/month each. Excellent investment opportunity.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$194,343
|
$64.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$194,343
|
$64.78
|
| Taxes |
$12,315
|
$4.11
|
| Operating Expenses |
$39,716
|
$13.24
|
| Total Expenses |
$52,031
|
$17.34
|
| Net Operating Income |
$142,312
|
$47.44
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $194,343 |
| Annual Per SF | $64.78 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $194,343 |
| Annual Per SF | $64.78 |
| Taxes | |
|---|---|
| Annual | $12,315 |
| Annual Per SF | $4.11 |
| Operating Expenses | |
|---|---|
| Annual | $39,716 |
| Annual Per SF | $13.24 |
| Total Expenses | |
|---|---|
| Annual | $52,031 |
| Annual Per SF | $17.34 |
| Net Operating Income | |
|---|---|
| Annual | $142,312 |
| Annual Per SF | $47.44 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (85)
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
900 Greenwood Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.