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MLS: #PAMC2182228, Listed By: Jason Driscoll, EXP Realty, LLC, Source:Bright MLS

115 Montgomery Avenue

BALA CYNWYD, PA 19004
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Bed 9

Bed

Bath 0

Bath

SqFt4,082

Sqft

Acres0.34

Acre(Lot)

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 re nted 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 80024860

MLS Id : PAMC2182228

Beds : 9

Lot Size : 0.34 Acre

Living Area Size : 4,082

Year Built : 1925

Garage : 1

County : MONTGOMERY

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Feature Features

  • Bedroom Information

    Total beds: 9

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Interior Features

    Appliances: Electric Water Heater, Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Gas

  • Building Information

    Year Built: 1925 Building Area Total: 4082 Construction Materials: Frame Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.34 Lot Size Source: Estimated Lot Size Square Feet: 14810

  • Listing Price Information

    Listing Price: $1500000

  • Tax Information

    Parcel Number: 40-00-39404-003 Tax Lot: 231 Tax Year: 2026 Annual Tax: $12063

  • Parking Information

    Parking Total: 11 Garage, Driveway, Detached

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: Off Montgomery Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
201 Jefferson Street, Bala Cynwyd, PA, 19004 $675,000 -- -- 4,368 4,368 SqFt

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ByOwner last updated this listing 06/23/2026 @ 07:49

MLS: PAMC2182228 LISTED BY: Jason Driscoll, EXP Realty, LLC 888-397-7352 SOURCE: Bright MLS

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