8,750 Sqft Lot
8,750 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Ardmore
MLS Listing ID PAMC2161962
Year Built 1900
Annual Tax Amount $7,373
Tax Year 2025
Lot Size 8,750 Sqft
Acres 0.2
Lot Dimensions 50.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Introducing a rare and highly desirable investment opportunity in the heart of Ardmore—a fully rented five-unit apartment building with strong rental income and bonus garage revenue. Properties like this simply do not come around often.
This well-maintained building features five updated units, all in good condition and fully occupied, providing immediate and consistent cash flow. In addition to the residential units, the property includes a three-car garage, also rented for additional income—a valuable perk in this location.
✨ Property Highlights
Five-unit apartment building in great condition
All units fully rented — turnkey income from day one
Updated interiors across the units
Three-car garage also fully rented for extra monthly revenue
Long driveway with assigned parking spots behind the building
Excellent cash-flowing opportunity with minimal lift required
📍 Prime Ardmore Location
Situated in one of the Main Line's most walkable and vibrant communities, this property offers unbeatable accessibility:
Steps from shops, restaurants, cafés, and local attractions
Close to major travel routes and public transportation
Highly desirable neighborhood for renters, ensuring strong long-term demand
💰 A High-Performing Addition to Any Portfolio
Whether you're a seasoned investor or building your first multifamily portfolio, this property delivers stability, location, and immediate returns. With all units and the garage already rented, this is a rare chance to secure a truly plug-and-play investment in Ardmore.
You do not want to miss this one!
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning MIXED RES/COMM
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Laminate Plank, Partially Carpeted
Inclusions Landlord owned Appliances
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-63804-002
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://vimeo.com/1137711675?share=copy&fl=sv&fe=ci
Nearby Locations
- 8
Lynnewood Elementary School
Public | KG - 5
- 8
Manoa Elementary School
Public | KG - 5
- 8
Gladwyne Elementary School
Public | KG - 5
- 8
Penn Wynne Elementary School
Public | KG - 5
- 8
Penn Valley Elementary School
Public | KG - 5
- 8
Merion Elementary School
Public | KG - 5
- 7
Coopertown Elementary School
Public | KG - 5
- 7
Chatham Park Elementary School
Public | KG - 5
- 6
Chestnutwold Elementary School
Public | KG - 5
- 5
Hillcrest Elementary School
Public | KG - 5
- 5
Highland Park Elementary School
Public | 1 - 5
- 4
Overbrook Educational Center
Public | KG - 8
- 4
West Philadelphia Achievement Ces
Public | KG - 5
- 2
Philadelphia Harambee Inst Charter School
Public | KG - 8
- 1
Lamberton School
Public | KG - 8
- 1
Lewis C. Cassidy Academics Plus School
Public | KG - 6
- 0
Devereux Foundation - Pennsylvania
Private | KG - 12
- 0
Child Guidance Elementary Education
Private | 1 - 8
- 0
Cheder Chabad Philadelphia
Private | PK - 7
- 0
Rosemont School of the Holy Child
Private | PK - 8
- 9
Haverford Middle School
Public | 6 - 8
- 7
Welsh Valley Middle School
Public | 6 - 8
- 0
Jack M Barrack Hebrew Academy
Private | 6 - 12
- 9
Harriton High School
Public | 9 - 12
- 9
Haverford High School
Public | 9 - 12
- 9
Lower Merion High School
Public | 9 - 12
- 0
Cornerstone High School of Chalutzim Academy
Private | 9 - 12
- 0
Merion Mercy Academy
Private | 9 - 12
- 0
Talmudical Yeshiva of Philadelphia
Private | 9 - 12
GET MORE INFORMATION
Agent | License ID: 0787303
129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States