Narberth, PA 19072,211 GRAYLING AVE
Narberth, PA 19072,211 GRAYLING AVE
Narberth, PA 19072,211 GRAYLING AVE
Narberth, PA 19072,211 GRAYLING AVE
Narberth, PA 19072,211 GRAYLING AVE
Narberth, PA 19072,211 GRAYLING AVE
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$555,000

$585,000

5.1%
Est.Price: ?

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Est. payment /mo

4,179 SqFt


SOLD DATE : 03/15/2021

Key Details

Sold Price $555,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,179 sqft

Price per Sqft $132

MLS Listing ID PAMC669612

Sold Date 03/15/21

Style Colonial

HOA Y/N N

Abv Grd Liv Area 4,179

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $12,922

Tax Year 2021

Lot Size 6,768 Sqft

Acres 0.16

Lot Dimensions 67.00 x 0.00

Property Description

This investment property is a money maker!!! All three units are separately metered for electric. Tenants pay their own heat, cooking and electricity. Owner currently pays for cold & hot water, house electric and sewer. This property has been well maintained by the current owner who resides on the first floor. House highlights include a new main roof 2020, replacement windows on the second floor, various electric & plumbing updates, hardwood floors on all three levels and laundry facilities in the basement. Located within a short walk to downtown Narberth, the train station, numerous shops and restaurants, a first run movie theater, library and Borough Park. Unit #1- 2 bedrooms, den, dining room, kitchen. full bath, rear screened in porch- owner occupied until March 31, 2021 should rent for $1800-$2000 per month. Unit #2- 2 bedrooms, full bath, large living room, kitchen- just vacated was paying$1450 per month. Unit #3- 1 bedroom, small bedroom or den, full bath, large living room, kitchen- just vacated and was paying $1250 per month. Expenses- Insurance $2,000, water/sewer $1,200, House Electric $1,560 Projected Annual Income- $54,000, Operating Expenses- $17, 632 Net Operating Income $36,368 ** All Income & Expense figures are a combination of actual & estimated figures.

Location

State PA

County Montgomery

Area Narberth Boro (10612)

Zoning RESIDENTIAL TRIPLEX

Rooms

Basement Full

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Lower Merion

Others

Tax ID 12-00-01453-002

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by James E Hocker • Compass RE
Bought with Damon C. Michels • BHHS Fox & Roach - Narberth
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