305 North Narberth Avenue

Narberth, PA 19072

$699,000
Last Sold Price
Beds
2,767 Sq. Ft.
$253 / Sq. Ft.
2,767
Sq. Ft.
$253
per Sq. Ft.

Description

Opportunity knocks in popular Narberth Boro. This three-unit, multi-family twin is located just a short stroll from the charming shops, restaurants, and R-5 train in downtown Narberth. Owned by the same family for three generations, it has been meticulously maintained and updated over the years. Currently used as a multi-family property, it could be easily converted to a private residence. The house sits on a corner lot with its own two-car garage, fenced yard, and private off-street parking. A welcoming...Opportunity knocks in popular Narberth Boro. This three-unit, multi-family twin is located just a short stroll from the charming shops, restaurants, and R-5 train in downtown Narberth. Owned by the same family for three generations, it has been meticulously maintained and updated over the years. Currently used as a multi-family property, it could be easily converted to a private residence. The house sits on a corner lot with its own two-car garage, fenced yard, and private off-street parking. A welcoming wrap-around front porch is available for the enjoyment of the tenants. The first-floor unit, with its own two dedicated entrances, is 1,077 sq. ft. and includes an updated kitchen with white cabinets and granite countertops, large bedroom, full bath, washer/dryer closet, and large living/dining room. Beautiful inlaid hardwood floors and a working wood fireplace are features of the apartment. The second and third-floor units are accessed via their own front door. Unit 2 is 949 sq. ft., also with one bedroom, full bath, modern eat-in kitchen, living room, and small office. The third-floor unit is 741 sq. ft. with an updated kitchen, full bathroom, bedroom, and living room. A full basement with outside access is available for storage. Central air conditioning is another attractive feature of the property. These units have been consistently leased through the years, producing a reliable source of steady rental income. Perfectly located with a walk score of 83, award-winning Lower Merion Schools, and easy access to major highways and public transportation. This a great opportunity for both the investor or residential end-user. Also listed as Residential MLS #PAMC639608.
  1. Listed by Robin Pew • BHHS Fox & Roach-Haverford
    P: 6104202900 robin.pew@gmail.com

Property Details for 305 North Narberth Avenue

Tax ID Number
12-00-02761-008
Ownership
Fee Simple
HOA
No
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Views
Garden/Lawn, Street
Garage
Yes

Location

Listing Courtesy of BHHS Fox & Roach-Haverford

Sold By Realty ONE Group Legacy

Add your commute
LISTING UPDATED: 07/26/2023 10:03 PM

Property Details for 305 North Narberth Avenue

StatusClosed
MLS #PAMC639558
Days on Market93
Taxes$8,010 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1909
Lot Size0.16 AC / 7,187 SF
CountyMontgomery County

Location

Listing Courtesy of BHHS Fox & Roach-Haverford

Sold By Realty ONE Group Legacy

Add your commute

Virtual Tour

Building Information for 305 North Narberth Avenue

Stories-Residences3Year Built1909Building Size-Lot Size0.16 AC / 7,187 SF

Payment Calculator

$4,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 305 North Narberth Avenue

Location
Location
  • School District Name: LOWER MERION
  • School District County ID: 300200396851
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
  • MLS Area: Narberth Boro (10612)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
  • Type of Condo
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $182,510
  • Year Assessed: 2020
  • County Tax: $631
  • City Town Tax: $1,800
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 1134
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: R3
  • Tax Lot: 014
  • School Tax: $5,578
  • Tax Page Number: 1198
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Trash Collection, Lawn/Shrub Care, Snow Removal, Taxes - Real Estate, Insurance, Repairs, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Snow Removal
  • Insurance Expense: $3,516
Financial Information
  • Gross Income: $36,540
  • Gross Scheduled Income: $36,540
  • Annual Rental Income: $36,540
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 57.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Front Yard, Level, Rear Yard, SideYard(s)
  • Road Surface Type: Paved
  • Road Frontage Length: 57.00
  • Location Type: Suburban
  • Parcel ID: 612455
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Parking Features: Asphalt Driveway, Lighted Parking, Private
  • Garage Features: Garage - Front Entry, Garage Door Opener
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Appliances: Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Accessibility Features: None
  • Window Features: Replacement
  • Virtual Tour URL Unbranded: https://youtu.be/e3_0mZ9Aeaw
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Play Area, Sidewalks, Street Lights
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Natural Gas Available, Multiple Phone Lines, Cable TV Available, Propane
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiant
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers

Property History for 305 North Narberth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 305 North Narberth Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$8,657 ($721 / month)
Home Facts
Baths3Total Finished SqFt2,251 SqFtAbove Grade Finished SqFt2,251 SqFtStories3Lot Size7,187 SqFtStyleTriplexYear Built1909ZoningR3CountyMONTGOMERYAPN12-00-02761-00-8

Schools near 305 North Narberth Avenue

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
Belmont Hills El 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Haverford

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.