5 Beds
2 Baths
1,930 SqFt
5 Beds
2 Baths
1,930 SqFt
Key Details
Property Type Single Family Home, Townhouse
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,930 sqft
Price per Sqft $284
Subdivision Ardmore
MLS Listing ID PAMC2178146
Style Colonial
Bedrooms 5
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,930
Year Built 1920
Available Date 2026-05-05
Annual Tax Amount $4,381
Tax Year 2025
Lot Size 2,020 Sqft
Acres 0.05
Lot Dimensions 20.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Opportunities like this are extremely limited—purchasing an existing licensed property is often the only way to enter the Lower Merion student rental market. The property can also be used as a primary home or non-student rental if the next Buyer chooses to give up the student license.
Currently vacant and ready for the upcoming student rental cycle, the new owner has full control over tenant selection. The typical lease structure has tenants paying all utilities, maximizing owner returns. Market rents for comparable student rentals range from $4,200 to $4,400 per month.
This well-maintained, large 5-bedroom twin home features a welcoming front porch, rear yard, and recent updates, including new carpet, newer HVAC, and fresh interior and exterior paint—making it a true turnkey investment.
Enjoy walkable access to Suburban Square, along with Ardmore's shops, dining, and Main Line amenities.
Call today for more details or to schedule a private tour of this exceptional investment opportunity.
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning RESIDENTIAL
Rooms
Basement Unfinished
Main Level Bedrooms 5
Interior
Interior Features Carpet, Kitchen - Eat-In, Kitchen - Table Space
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Flooring Carpet
Inclusions Washer, Dryer & refrigerator, in AS IS condition.
Equipment Oven/Range - Electric, Dishwasher
Fireplace N
Appliance Oven/Range - Electric, Dishwasher
Heat Source Natural Gas
Laundry Has Laundry, Main Floor
Exterior
Fence Wood
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Lot Description Level
Story 3
Foundation Stone
Above Ground Finished SqFt 1930
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
School District Lower Merion
Others
Senior Community No
Tax ID 40-00-01452-002
Ownership Fee Simple
SqFt Source 1930
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Nearby Locations
GET MORE INFORMATION
Agent | License ID: 0787303
129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States