210 Ardmore Avenue, Ardmore, PA 19003

$439,900
1,892
SqFt
List Price
$439,900
Closing Date
Jul 08, 2019
Days On Market
32
Status
ACTIVE UNDER CONTRACT
MLS#
PAMC611114
Living Area
1,892
Lot Size (Acres)
0.21
Style
Colonial
Year Built
1875
County
Montgomery
School District
Lower Merion

Property Description

Check out this amazing Ardmore investment opportunity! With a 5.43% CAP rate and high rentals, the Lower Merion property has the potential for an 13.47% rate of return; it is meant to make you money. The bottom floor unit is a well maintained 1 bed 1 bath with a ground floor patio and can easily make you $950 a month. The top unit is a gorgeous 3 bed 1 bath with a balcony and massive windows that let in plenty of natural light can get up to $1,650. In addition, there are 6 parking spots in the rear yard that easily rent to neighbors looking for guaranteed parking. Top unit is currently rented, bottom floor is vacant. Located in bustling Ardmore, Pa (and in Lower Merion School District), this property is close to shops, restaurants, parks and more. Smack in the middle of the Main Line, your tenants will have easy access to public transportation (trains and buses) and Philadelphia's major arteries.

Additional Information

Area
Lower Merion Twp (10640)
Taxes
$3523
School District
Lower Merion
Heating
Baseboard - Electric, Forced Air
Heating Fuel
Electric, Natural Gas
Cooling
Central A/C, Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Danielle S Py-Salas from Realty ONE Group Legacy