100 Grandview Rd
Description
First floor unit is a three bedroom, two bath unit that has two extra space for an office or play room. This unit is currently rented but could be an owners unit with...Incredible opportunity to own a multi-unit property that is fully rented in Lower Merion. Properties like this rarely come on the market. All three units have updated kitchens and have been fully rented consistently since the property was purchased. Garage is also rented for additional income. (Garage being sold in "as is" condition.)
First floor unit is a three bedroom, two bath unit that has two extra space for an office or play room. This unit is currently rented but could be an owners unit with income on the top two floors. The first floor has its own entrance while the two additional units share a common door on the side. First floor also has direct access to the basement for storage and laundry as well as access to the driveway for off street parking. Second and third floor apartments are both two bedroom, one bath apartments. There is a shared washer and dryer in the basement that is accessible from rear basement door. Landlord pays for water, snow removal and lawn care and tenants pay for electric and heat. This property is on a great residential street with mostly single family homes. It is close to parks, shopping and transportation. Tenants benefit from the Lower Merion schools too.
Unit 1 - monthly rent - $2,100. Lease ends 8/31/2022
Unit 2 - monthly rent - $1,800. Lease ends 7/31/2022
Unit 3 - monthly rent - $1,300. Lease ends 5/31/2022
(all three units have tenants for more than one year)
Garage - monthly rent - $175. Month to month lease with same tenant for over 7 years.
Because the property is fully rented, there will be three open houses to facilitate viewing the entire property. Any other showings will require at least 24 hour notice,
Listing Agent
![Susan Gradwohl]()
susan.gradwohl@compass.comP: (610)-613-7654
Property Details for 100 Grandview Road
Property Details for 100 Grandview Road
| Status | Closed |
|---|---|
| MLS # | PAMC2020598 |
| Days on Market | 22 |
| Taxes | $7,625 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 0.19 AC / 8,065 SF |
| County | Montgomery County |
Location
Sold By RE/MAX Town & Country
Virtual Tour
Building Information for 100 Grandview Road
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$4,534 per month
30 year fixed, 6.15% Interest
$3,899
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1Property Information for 100 Grandview Road
- School District Name: LOWER MERION
- School District County ID: 300200396851
- SchoolDistrictSource: Listing Agent
- County: MONTGOMERY
- MLS Area: Lower Merion Twp (10640)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2021
- Tax Assessed Value: $195,560
- Year Assessed: 2021
- County Tax: $710
- Improvement Assessed Value: $0
- City Town Tax: $819
- Land Assessed Value: $0
- Clean Green Assessed: No
- Land Use Code: 1134
- Zoning: RESIDENTIAL - TRIPLEX
- Tax Lot: 605
- School Tax: $6,095
- Automatically Update Tax Values Y/N: Yes
- Owner Pays: Common Area Maintenance, Lawn/Shrub Care, Repairs, Sewer Maintenance, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
- Concessions: No
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 2
- Three Bedroom Units Count: 1
- Units Leased Count: 3
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 0
- Rent Control: No
- Operating Expense: $20,381
- Operating Expense Includes: Insurance, Snow Removal
- Insurance Expense: $3,913
- Pest Control Expense: $748
- Maintenance Expense: $2,121
- Water Avg Month: $161
- Water Prev 12 Months: $1,933
- Other Expense: $3,942
- Gross Scheduled Income: $64,500
- Annual Rental Income: $64,500
- Income Includes: Apartment Rentals, Other
- Building Units Total: 3
- Total Finished SQFT: 2,855.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,855.00
- Total SQFT: 2,855.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Flooring Type: Wood, Carpet
- Foundation Details: Block
- Lot Size Source: Assessor
- Lot Size Dimensions: 65.00 x 0.00
- Lot Dimensions Source: Assessor
- Parcel ID: 722453
- Type Of Parking: Driveway, On Street
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: Forced Air, Baseboard - Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Tri-County Suburban REALTORS
Property History for 100 Grandview Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 9, 2022 | Closed BRIGHT #PAMC2020598 | $800,000 | — |
| Feb 21, 2022 | Closed (Public Record) Public Record #1491280062 | $800,000 | +9.1% / yr |
| Feb 18, 2022 | Pending BRIGHT #PAMC2020598 | — | |
| Jan 27, 2022 | Active Under Contract BRIGHT #PAMC2020598 | — | |
| Jan 27, 2022 | Pending BRIGHT #PAMC2020598 | — | |
| Jan 27, 2022 | Active Under Contract BRIGHT #PAMC2020598 | — | |
| Jan 6, 2022 | Listed (Active) BRIGHT #PAMC2020598 | $791,000 | — |
| Nov 26, 2013 | Closed BRIGHT #1003447885 | $390,000 | — |
| Nov 25, 2013 | Closed (Public Record) Public Record #378353521 | $390,000 | +5.8% / yr |
| Oct 9, 2013 | Pending BRIGHT #1003447885 | — | |
| Apr 7, 2013 | Listed (Active) BRIGHT #1003447885 | $399,900 | — |
| Feb 20, 2001 | Closed (Public Record) Public Record #73241209 | $190,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/09/2022 | Closed BRIGHT #PAMC2020598 | $800,000 |
| 02/21/2022 | Closed (Public Record) Public Record #1491280062 | $800,000 +9.1% / yr |
| 02/18/2022 | Pending BRIGHT #PAMC2020598 | — |
| 01/27/2022 | Active Under Contract BRIGHT #PAMC2020598 | — |
| 01/27/2022 | Pending BRIGHT #PAMC2020598 | — |
| 01/27/2022 | Active Under Contract BRIGHT #PAMC2020598 | — |
| 01/06/2022 | Listed (Active) BRIGHT #PAMC2020598 | $791,000 |
| 11/26/2013 | Closed BRIGHT #1003447885 | $390,000 |
| 11/25/2013 | Closed (Public Record) Public Record #378353521 | $390,000 +5.8% / yr |
| 10/09/2013 | Pending BRIGHT #1003447885 | — |
| 04/07/2013 | Listed (Active) BRIGHT #1003447885 | $399,900 |
| 02/20/2001 | Closed (Public Record) Public Record #73241209 | $190,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 100 Grandview Road
Schools near 100 Grandview Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Penn Valley School PublicK to 4 | ||
Welsh Valley Middle School Public5 to 8 | ||
Lower Merion High School Public9 to 12 | ||
Harriton Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.