MLS® ID: PAMC633238
321 N NARBERTH AVENUE
NARBERTH, Pennsylvania, 19072 $1,600,000
Spacious Stone Center Hall Apartment Building / Colonial Home on a tree lined street in Narberth Borough. Walking distance downtown Narberth with public transportation, train station, parks, shops, restaurants and many community events. Lower Merion School District. This home is currently used as a 5 unit apartment building. First Level: 2 - two bedroom units with 1 bath each unit Rental at $1200 per unit. Second Level: 2 - two bedroom units with 1 bath each unit Rental at $1200 per unit. Third Level: 1 - two bedroom with 1 bath unit that rents for $1200 monthly. $72,000 gross yearly rental income. Great Location only 20 minutes by train to Center City or easy commute with access to all major road ways. *This home and large lot (51. acre with 147 feet of frontage) offers many possibilities. One possibility would be to convert & renovate the existing apartment building into a single family home, remove the side porches and have a left side building lot and a right side building lot.