$ 1,500,000
-
$1,500,000
Price -
9
Bed -
3
Bath -
4,082
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing EXPREALP - 3328027
Exceptional investment opportunity in the highly desirable Bala Cynwyd area, located within the award-winning Lower Merion School District! This fully occupied triplex plus separately rented garage offers immediate and substantial cash flow, generating an impressive $9,370 per month ($112,440 annually) in gross rental income. The property consists of three residential units and a detached garage, all currently leased. Unit 1 is a spacious 3-bedroom, 1-bathroom apartment featuring a private deck and in-unit laundry, rented for $3,070/month. Unit 2 offers 2-3 bedrooms, 1 bathroom, and in-unit laundry, rented for $2,750/month. Unit 3 is a large 5-bedroom, 1-bathroom apartment with in-unit laundry, rented for $3,070/month. The detached garage provides an additional income stream, currently rented for $480/month. Adding to the property's strong investment profile, tenants are responsible for their own electric and gas utilities, unit 2 pays $100 flat water each month. The property also features a large driveway with parking for 10+ vehicles, a highly sought-after amenity for tenants and guests alike. Whether you're looking to expand your portfolio with a high-performing asset or complete a 1031 exchange, this turnkey, income-producing property checks all the boxes. Opportunities to acquire a fully leased multifamily property with strong rents, multiple income streams, tenant-paid utilities, and a premier Lower Merion location are rare. Schedule your showing today and add this exceptional investment to your portfolio.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
PAMC2182228
Year Built
1925
Total Square Footage
4,082
Lot/Acreage
0.34
Interior Details
- Bedrooms: 9
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4082
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 11
- Zoning: R7
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Additional Storage Area,Garage - Front Entry,Driveway,Detached Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $12,063
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
115 Montgomery Ave Bala Cynwyd, PA 19004
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
