114 N Essex Avenue

Welcome to this classically styled tri-plex investment opportunity with charming curb appeal in the heart of downtown Narberth! This property boasts an inviting front porch that welcomes you to the first-level 1-bedroom, 1.5 bathroom apartment, featuring 9’ ceilings, crown molding, hardwood floors, and a fireplace with hand crafted tile and intricate woodwork in the dining area. The tri-plex is comprised of three separate units, each with its own electric meter and water heater, ensuring convenience for tenants. The second and third floors are easily accessible via a side door, providing additional independence for each apartment. Each unit has its own possibilities for full renovations and varying layouts. Situated in a prime location, this property is just steps away from vibrant shops, delightful restaurants, a local movie theater, and the serene Sabine and Narberth parks. Tenants will also appreciate the proximity to various schools and churches, as well as the convenience of the Paoli R5 regional rail line, which provides quick access to Center City Philadelphia. With three off-street parking garages, enjoy the added benefit of secure and convenient parking. Please note that the units have not been occupied recently, so there are no current rents to provide. The property is being sold AS IS, and the buyer will be responsible for obtaining the Use and Occupancy (U&O) permit with Narberth Borough in Lower Merion Township. Don’t miss this chance to invest in a property with old-school charm in a 5-star location—ideal for those looking to make their mark in the thriving rental market of Narberth! Schedule your showing today!

Listing provided courtesy of: Compass Pennsylvania, LLC.