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