Unparalleled Investment Opportunity! 100% Leased
Unlock the potential of this stunning brand new mixed-use building in the thriving heart of Jenkintown, PA! This is not just a property; its a strategic investment that promises to elevate your portfolio to new heights.
1. Diverse Income Streams: Benefit from a unique blend of residential and commercial tenants, ensuring a steady cash flow. Capitalize on the growing demand for both living and retail spaces in a vibrant community.
2. Rapidly Growing Market: Jenkintown is on the rise! With its charming neighborhoods and burgeoning local economy, this area is a magnet for new residents and businesses. Seize the opportunity to invest in a market poised for significant appreciation.
3. High Return on Investment: With competitive rental rates and low operating costs, this property offers a strong cap rate that translates into impressive returns. Investors can expect robust income streams from day one!
4. Turnkey Asset: This brand new construction means no immediate repair costs or renovationsjust pure profit potential! Start generating cash flow immediately with a modern, move-in-ready facility.
5. Strategic Location: Nestled in a prime area with high visibility and foot traffic, your investment is perfectly positioned to attract a diverse clientele and quality tenants, maximizing your return.
6. Community-Centric Appeal: This building is designed to foster connections and enhance the neighborhood vibe. By investing here, youre not just purchasing propertyyoure contributing to the community's growth and sustainability.
7. Future-Proof Your Investment: With eco-friendly features and sustainable designs, this property is not only appealing to todays tenants but also meets the expectations of the next generation of environmentally conscious residents and businesses.
8. Exclusive Opportunity: Properties of this caliber dont come around often. Secure your stake in Jenkintowns future and watch your investment flourish in this dynamic and expanding market.
Act Now!
Dont miss out on this exceptional investment opportunity! Contact us today to schedule a private tour and learn how you can make this remarkable property a cornerstone of your real estate portfolio!
Presented By: RIVERSIDE REALTY PARTNERS LLC
Interior Features for 501 Washington Lane
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Hot WaterElectric
Number of Elevators1
Total Stories4
Other Rooms
Entry Level1
General for 501 Washington Lane
AccessibilityElevator, Level Entry - Main
Business TypeApartment Building, Professional, Other/General Retail
Cap Rate6.38
CityJENKINTOWN
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C, Ductless/Mini-Split
CountyMONTGOMERY
DirectionsUse GPS
Gross Income594360.00
HeatingNone
MLS AreaJenkintown Boro (10610)
ModificationTimestamp2025-06-04T13:42:58
MunicipalityJENKINTOWN BORO
Net Operating Income478130.00
New ConstructionNo
Number Of Units Total26
OwnershipOther
PossessionImmediate
Price Per Sq Ft Total AG351.45
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Security FeaturesFire Detection System, Carbon Monoxide Detector(s), Exterior Cameras, Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector
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