431-33 OLD YORK ROAD Overview
- Time on Site:
- 47 days
- Visits:
- 8
Presenting the exclusive sale of 433 Old York Road (a.k.a. 431-33 Old York Road & 424 Johnson Street) - a mixed-use investment opportunity in the heart of Jenkintown's active commercial corridor. The property consists of seven total units, fully occupied, including four apartments, two ground-floor storefronts, and one office suite, along with three-car on-site surface parking. Jenkintown's central business district is anchored along Old York Road (Rt. 611), serving as the borough's primary commercial spine. Current ownership has completed significant capital improvements and select cosmetic upgrades, addressing major deferred maintenance and enhancing overall asset quality. However, rents have not been fully optimized, leaving much of the near-term upside for a new owner. Additionally, the rear portion of the building on Johnson Street is only one story in height, while zoning permits up to 50 feet (subject to zoning review), which may offer additional value-add potential to develop and add square footage (buyer to conduct due diligence on zoning and development standards). Positioned along a high-visibility stretch of Old York Road with strong vehicle traffic and just minutes from the Jenkintown SEPTA Regional Rail station, the property benefits from both suburban accessibility and consistent tenant demand.
431-33 OLD YORK ROAD Facts & Features
- Type Commercial
- Sq. ft. 8,800
- Price/Sq.ft. $123
Details
General
Income/Expenses
- Electric Expense: 250.00
- Gross Income: 122156.00
- Insurance Expense: 8492.00
- Maintenance Expense: 8345.00
- Net Operating Income: 60435.00
- Trash Expense: 800.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1950
Business Information
- Business Type: Other/General Retail
Location/Region
- Country: US
- County: MONTGOMERY
- County Or Parish: MONTGOMERY
- MLS Area Major: Jenkintown Boro (10610)
Parking Information
- Total Parking Spaces: 0
- Type of Parking: Other
Tax Information
- Tax Annual Amount: $22,664.00
- Tax Assessed Value: 319810.00
- Tax Year: 2026
General Information
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- School District Name: JENKINTOWN
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: NCR
Unit Information
- Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1,Unit 1,Unit 1
Interior
Building Information
- Cooling Fuel: Other
- Heating Fuel: Other
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 8800.00
- Central Air: No
- Hot Water: Other
General Information
- Accessibility Features: Other
- Cooling: Other
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Estimated
- Lot Size Dimensions: 32 x 180
- Lot Size Source: Estimated
- Lot Size Square Feet: 5655.00
- Lot Size Units: Square Feet
- Water Source: Other
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Other
General Information
- Sewer: Other
- Water Access: No
431-33 OLD YORK ROAD Neighborhood
Community
19046 (JENKINTOWN) Demographics
431-33 OLD YORK ROAD Monthly Cost
431-33 OLD YORK ROAD Market Data
Based on the last 30 days in this zip code
431-33 OLD YORK ROAD History
| Date | Value | Agent |
|---|---|---|
| 6/15/2026Source: BRIGHT MLS | $1,080,000 -10.0% |
|
| 5/13/2026Source: BRIGHT MLS | May 13, 2026 |
Contact Information: [email protected] - 2154134900