Residential Income in BALA CYNWYD

$1,500,000

115 MONTGOMERY, 19004, BALA CYNWYD, PA

Residential Income for sale in BALA CYNWYD, 115 MONTGOMERY, 19004, 4082 m²

115 MONTGOMERY, 19004, BALA CYNWYD, PA

$1,500,000

4082
Type: Residential Income

Description

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.

Location

115 MONTGOMERY, 19004, BALA CYNWYD, PA

Data

Object TypeResidential Income
Purchase Price$1,500,000
Living Space4082 m²
Plot Size1375.89 m²
BathroomsN/A
Construction Year1925
ConditionNot specified
RoomsN/A

Energy Information

Heating Type90% Forced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1925
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent