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304 Florence Ave 7 Unit Apartment Building $1,159,793 CAD ($165,685 CAD/Unit) 7.62% Cap Rate Jenkintown, PA 19046
Investment Highlights
- Seven-unit apartment building in a desirable and quiet suburban Jenkintown location.
- Recently updated systems, including separate electrical services, newer gas-fired heating boiler, and domestic hot water tank.
- Two blocks from Old York Road, offering access to restaurants, shopping, a movie theater, and local cafes.
- Fully occupied property with mostly long-term tenants, ensuring stable income.
- One block from the Jenkintown-Wyncote regional rail station with direct service to Center City Philadelphia.
- Well-maintained building providing a strong and secure investment opportunity.
Executive Summary
Beautiful and well cared for seven (7 ) unit apartment building. Fully occupied with mostly long term tenants. Laid back-desirable quiet location. Well maintained, with all newer systems-updated separate electrical services, newer gas fired building heating boiler, newer gas fired building domestic hot water heating tank. Solid investment in an ideal suburban Jenkintown location. One block from the Jenkintown-Wyncote regional rail line train station (service to center city Philadelphia). Two blocks to Old York Road's
(main street ) with the movie theater, restaurants galore, and much more shopping and cafes.
Excellent and safe investment !
Building is fully occupied and 24 Hour Notice is required. Please contact agent directly for showings.
(main street ) with the movie theater, restaurants galore, and much more shopping and cafes.
Excellent and safe investment !
Building is fully occupied and 24 Hour Notice is required. Please contact agent directly for showings.
Property Facts
| Price | $1,159,793 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $165,685 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.46 AC |
| Cap Rate | 7.62% | Building Size | 8,497 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | B | ||
| Price | $1,159,793 CAD |
| Price Per Unit | $165,685 CAD |
| Sale Type | Investment |
| Cap Rate | 7.62% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 8,497 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | B |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Pantry
- Patio
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
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Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10-00-00884-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $302,631 CAD |
Property Taxes
Parcel Number
10-00-00884-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$302,631 CAD
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304 Florence Ave
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