389 E Hector St, Conshohocken, PA 19428

$550,000
6
BD
3
BA
3,321
SqFt

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Sold Price
$550,000
List Price
$599,900
Closing Date
Apr 30, 2026
Days on Market
17
Status
CLOSED
MLS#
PAMC2169070
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
3,321
Lot Size (Acres)
0.05
Style
Transitional
Year Built
1890
County
Montgomery
School District
Colonial

Property Description

Attention Investors: Welcome to 389 E. Hector Street, a Villanova University–approved student rental located in Conshohocken Borough. This six-bedroom, three-bath, three-story, 3,300 sqft property has undergone significant renovations, including a newly renovated first floor, new kitchen with quartz countertops, and SS appliances, making it a true turnkey investment. The property was previously rented to college students for $5,000 per month prior to renovations. Based on current market conditions, projected rents range from $5,700 to $6,500 per month. With six bedrooms, three full baths, minimal expenses, and property taxes under $4,000, the numbers are extremely compelling. This is a rare, student-approved rental permit in a market where no new Villanova student rental licenses are being issued, making the permit itself highly valuable. A true investor’s dream—turnkey, low-maintenance, strong cash flow, and easily a 9+ Cap

Additional Information

Area
Conshohocken Boro (10605)
Subdivision
Colonial
School District
Colonial
Flooring
Vinyl, Carpet
Heating
Forced Air, Electric Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Full

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Select Group. Contact:

Selling Office: Entourage Elite Real Estate-Conshohocken.