Narberth, PA 19072,210 GRAYLING AVE
Narberth, PA 19072,210 GRAYLING AVE
Narberth, PA 19072,210 GRAYLING AVE
Narberth, PA 19072,210 GRAYLING AVE
Narberth, PA 19072,210 GRAYLING AVE
Narberth, PA 19072,210 GRAYLING AVE
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$980,000

$980,000

Est.Price: ?

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Est. payment /mo

3,010 SqFt


SOLD DATE : 09/20/2023

Key Details

Sold Price $980,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,010 sqft

Price per Sqft $325

MLS Listing ID PAMC2078054

Sold Date 09/20/23

Style Colonial

Abv Grd Liv Area 3,010

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $10,418

Tax Year 2022

Lot Size 7,500 Sqft

Acres 0.17

Lot Dimensions 75.00 x 0.00

Property Description

Welcome to this charming triplex ideally situated on quint cul-de-sac in the Borough of Narberth in eastern Montgomery County. The neighborhood in the heart of Philadelphia's Mainline is best described as a built-out suburban borough and is characterized by diverse architectural housing styles and is conveniently located to all amenities including excellent schools, parks, houses of worship, commercial and retail establishments, major transportation centers and employment centers.

This 3 Family investment property is in excellent condition and has been well-maintained by the current owner during their ownership. It is best suited for an owner occupant who would have two tenants to help offset the operating expenses but also works well for an investor who understands the value of owning and operating a multifamily rental property in Narberth. The Cap Rate if used by an owner occupant is 1.1% and is 6.5% if used strictly as an investment.
There is one apartment on each of the three floors. As you enter the first-floor apartment which has 3 bedrooms and 1 bath and a newer tile kitchen with quartz counters, stainless steel appliances and outside exit; new marble and tile bathroom with chair rail and beadboard wainscot; hardwood main bedroom with walk-out bay window; and hardwood secondary bedroom. Unit #2 is located on the second floor and includes hardwood flooring in the living room; ceramic tile kitchen with dining nook and door to large deck; two bedrooms with hardwood flooring and tile bathrooms. Unit #3 is located on the third floor and includes a hardwood living room; ceramic tile kitchen with dining nook; one hardwood bedroom; and one tile bathroom. Each apartment includes an electric heat pump or mini-split system that provides heat and central air conditioning. This wonderful property also features a full basement with laundry facilities, separately metered electric and full front porch. There is also a shed tastefully situated in the rear yard to house your lawn equipment.

Location

State PA

County Montgomery

Area Narberth Boro (10612)

Zoning 3B

Rooms

Basement Sump Pump, Unfinished, Side Entrance

Interior

Hot Water 60+ Gallon Tank

Heating Central, Wall Unit

Cooling Wall Unit, Multi Units, Central A/C

Flooring Ceramic Tile, Hardwood, Partially Carpeted, Terrazzo

Fireplace N

Heat Source Oil

Exterior

Utilities Available Electric Available, Natural Gas Available

Water Access N

Roof Type Shingle

Accessibility Level Entry - Main

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Dry Wall

New Construction N

Schools

High Schools Lower Merion

School District Lower Merion

Others

Tax ID 12-00-01519-008

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Hassan Abdellah • The Bentley Group-PA Ltd
Bought with Hassan Abdellah • The Bentley Group-PA Ltd
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