100 Grandview Road
100 Grandview Road
$800,000
—
2,855
2,855
$280
Closed 3/9/22
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Description
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...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,
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,
Property Details for 100 Grandview Road
Tax ID Number
40-00-19856-003
OwnershipFee Simple
Structure TypeDetached
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date01-06-2022
Cross StreetAthens Ave
Location
LISTING UPDATED: 08/30/2022 01:29 AM
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
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Building Information for 100 Grandview Road
Stories-Residences3Year Built1900Building Size-Lot Size0.19 AC / 8,065 SF
Payment Calculator
$5,001 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 100 Grandview Road
Property History for 100 Grandview Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 100 Grandview Road
Taxable ValueLand$42,130Additions$153,430Total$195,560
Tax Record2023$8,166 ($680 / month)
Home Facts
Baths4Total Finished SqFt2,855 SqFtAbove Grade Finished SqFt2,855 SqFtStories3Lot Size8,065 SqFtStyleTriplexYear Built1900ZoningR4CountyMONTGOMERYAPN40-00-19856-00-3Fireplace TypeHas Fireplace
Schools near 100 Grandview Road
This home is within Lower Merion School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Penn Valley School PublicK to 5 | ||
Welsh Valley Middle School Public6 to 8 | ||
Harriton Senior High School Public9 to 12 | ||
Lower Merion 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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