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Key Details
Sold Price $717,500
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,191 sqft
Price per Sqft $327
Subdivision None Available
MLS Listing ID PAMC2059824
Sold Date 02/03/23
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 2,191
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,210
Tax Year 2023
Lot Size 8,750 Sqft
Acres 0.2
Lot Dimensions 50.00 x 0.00
Property Description
Rare opportunity to own an excellent investment property in Ardmore, Lower Merion! OR… live in one apartment and let the rents from the rest of the building pay most of your mortgage! WALK TO EVERYTHING! Steps away from Ardmore shopping and restaurants, Suburban Square and both SEPTA and Amtrak trains at the Ardmore Station. Fully rented and in very good condition, this triplex has been lovingly maintained by the same owners for nearly 40 years. This is a sun-drenched authentic Colonial on a quiet tree-lined street. Ample off-street parking, nice front porch, delightful back yard. Three-bay garage adds income and is used for storage. First floor apartment features three bedrooms, newer granite/stainless kitchen, hardwood floors, and spacious living room. Second floor has a large one-bedroom apartment with hardwood floors. Third floor apartment enjoys a great deck with a view from the treetops! Annual income of close to $57K, with room for improvement! Seller is licensed Real Estate Agent in the state of PA. Property is also listed as Multi-family - MLS# PAMC2059490.
Rents are as follows:
1. 1st Floor 3 BR apartment 1 Bath $1485 (month to month after 1/30/23
2. 2nd Floor 1 BR apartment 1 Bath $1520 (month to month after 9/30/23
3. 3rd Floor BR apartment 1 Bath $1395 (month to month after 6/30/23
Garage $310
All rents include heat, hot & cold water, gas for cooking, off street parking
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning RESIDENTIAL
Direction West
Rooms
Basement Interior Access, Side Entrance
Main Level Bedrooms 3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Flooring Hardwood
Equipment Built-In Microwave, Dishwasher, Dryer - Gas, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Fireplace N
Window Features Wood Frame
Appliance Built-In Microwave, Dishwasher, Dryer - Gas, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Heat Source Natural Gas
Laundry Basement
Exterior
Exterior Feature Porch(es), Deck(s)
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Porch Porch(es), Deck(s)
Parking Type Driveway
Garage N
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Plaster Walls
New Construction N
Schools
School District Lower Merion
Others
Senior Community No
Tax ID 40-00-63816-008
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Stephanie Freedman • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "