See Home Value
Narberth 19072 Narberth
211 GRAYLING AVENUE
$658,390*
Multifamily - Off Market

211 GRAYLING AVENUE

NARBERTH, PA 19072
bedrooms
Studio
bathrooms
0 Bath
square feet
4179 Sqft
$527,000 - $643,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

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.

The manager has listed the unit size as 4179 square feet.
Unit Size
4,179Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$140
Property Type
Multifamily
Property Taxes
$12,872
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Oct 8, 2021 No longer available -
No longer available
May 5, 2021 Sold to Damon C Michels, Roger F Levy $555,000
Sold to Damon C Michels, Roger F Levy
Jan 18, 2021 In contract -
In contract
Jan 10, 2021 Price Decreased $585,000
↓ $40K (6.4%)
Price Decreased
Dec 3, 2020 Price Decreased $625,000
↓ $50K (7.4%)
Price Decreased
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,378 ft²
$257/ft²
$612,200 Jun 2, 2022
-
$1,534/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201105
11/05/2020
Studio
-
4179 ft²
$675,000
bedrooms
Studio
bathrooms
-
square feet
4179 ft²
$555,000 -17.78%
05/05/2021
James Hocker

Building Info

211 Grayling Avenue 211 Grayling Avenue, Narberth, PA 19072
More about this Building
211 Grayling Avenue
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About Narberth


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