501 Washington Ln, Jenkintown, PA 19046

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List Price
$6,999,000
Status
PENDING
MLS#
PAMC2172536
Year Built
2025
County
Montgomery
School District
Jenkintown

Property Description

97% leased, newly constructed mixed-use investment in the heart of Jenkintown, offering a stabilized income stream with minimal near-term capital requirements. The property features a well-balanced mix of residential and commercial tenants, providing durable cash flow and income diversification from day one. Situated in a highly walkable, high-visibility corridor, the asset benefits from strong local demand drivers and ongoing neighborhood revitalization. Its new construction ensures modern building systems, reduced maintenance exposure, and long-term operational efficiency. The investment is anchored by attractive in-place income with additional upside through mark-to-market rent growth and continued strengthening of the surrounding submarket. Combined with low operating costs and a high-quality tenant base, the property offers a compelling risk-adjusted return profile. A rare opportunity to acquire a turnkey, income-producing asset in a supply-constrained suburban Philadelphia market, well-suited for investors seeking stable yield with long-term appreciation potential.

Additional Information

Area
Jenkintown Boro (10610)
School District
Jenkintown
Heating
None
Cooling
Central Air, Ductless Mini-Split
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of RIVERSIDE REALTY PARTNERS LLC. Contact: