431-33 Old York Rd,JENKINTOWN, PA 19046
JENKINTOWN, PA 19046
Description
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.
Details
| MLS # | PAMC2175938 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1950 |
| Days On Site | 166 |
| Listing Provided By | Mallin Panchelli Nadel Realty Inc | Samantha Lee Miller |
Features
| Zoning | NCR |
|---|
Interior
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Other |
Exterior
| Construction Materials | Other |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 22664 |
|---|
Area Information
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | JENKINTOWN |
| Zip Code | 19046 |
| Area | Jenkintown Boro (10610) |
| School District | JENKINTOWN |
| Listing VS Median (in 19046) | |
Price: $1,080,000 low | high Med: $385,000 On site: 166 low | high Med: 96 | |
Market Activity 19046
Request a showing
Request a showing
Contact
Learn More About This Property
| State | PA |
|---|---|
| County | MONTGOMERY PA |
| City | JENKINTOWN |
| Zip Code | 19046 |
| Area | Jenkintown Boro (10610) |
| School District | JENKINTOWN |
| Listing VS Median (in 19046) | |
Price: $1,080,000 low | high Med: $385,000 On site: 166 low | high Med: 96 | |
 | $849,000901 Homestead RdJenkintown, PA 19046 |
 | $1,195,000705 Cloverly AveJenkintown, PA 19046 |
CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but is not guaranteed accurate.
