Attention All Investors: Don't miss this opportunity to own this spectacular, turnkey, Multi-Unit, corner building consisting of three separate renovated units and a separate oversized 2-car garage. This fabulous property is 100% occupied and has separate utilities! 1st unit has 2 Bedrooms and 1 Baths, renovated open Kitchen with ceramic floors, renovated baths, large closets and washer/dryer in Unit! 2nd unit is a sizeable 3 Bedroom, 1 Bath, Bi-level, renovated apartment with beautiful refinished hardwood floors throughout. Washer/Dryer in Unit! 3rd unit is currently setup as an office, but can easily be turned into a 1 bedroom residential apartment. Oversized 2 car garage can be rented for storage or converted to possible living space. Separate, hot water heaters, gas & electric meters and central air. Possible condo conversion or 1031 Exchange opportunity with a wonderful walk-to-everything location. Award-winning Lower Merion Schools. Walk to train and steps from sought-after Carlinos!
Multi-familyProperty Type
1922Year Built
5,355 sq ftLot Size
2 garage spacesParking
Listed by Damon Michels• BHHS Fox & Roach - Narberth
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
52 ft.
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Montgomery County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 12, 2023.
VC
Village Center District
The intent of the Village Center VC and Town Center TC Districts is to preserve and enhance the multifaceted uses of the Township’s established commercial areas. VC Districts are the small commercial areas that function as neighborhood or village centers, generally compact, walkable in scale, with local retail, and occasional residential uses above the first floor. TC Districts are the medium to larger commercial areas, related to major transportation corridors, mixing local, regional and national retail, with some residential uses above the first floor. The TC1 Districts are the Township’s traditional shopping districts that developed around train stations and grew as corridors over time. These are pedestrian-oriented with buildings entered from street-front sidewalks, with a variety of retail and service uses, and may include shared and municipal parking. The TC2 Districts are corridor extensions of TC1 Districts, with varied front setbacks that serve as a transitional zone.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Religious facility
General retail
Infrastructure
Bed & breakfast
Hotel / motel
Mixed use
Educational/school
Recreation
Property details
Parking
Parking Information
# of Detached Garage Spaces: 2
Garage Features: Garage Door Opener
# of Total Garage and Parking Spaces: 4
Has Garage
# of Garage Spaces: 2
# of Open Parking Spaces: 2
Detached Garage, Other
Interior
Interior Information
Flooring Type: Wood
Room Information
Master Bedroom
Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
Basement Information
Basement: Yes
Full, Unfinished
Multi Unit Information
# of One Bedroom Units: 1
# of Two Bedroom Units: 1
# of Three Bedroom Units: 1
Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Gross Income: $44,400
Annual Gross Expense: $7,519
Exterior
Property Information
Insurance Expense: $600
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Roof: Shingle
Storage: Basement
Exterior Information
Sidewalks, Street Lights
Lot Information
Lot Size Dimensions: 0X0
Tidal Water: No
Financial
Tax Information
Tax Assessed Value: $138,310
Tax Year: 2015
Tax Annual Amount: $4,644
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Gas, Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Cable TV Available
Water Sewer Expense: $2,400
Water Source: Public
Location
School Information
Elementary School: PENN VALLEY
Middle Or Junior School: WELSH VALLEY
High School: HARRITON SENIOR
School District Name: LOWER MERION
Location Information
Cross Street: SPRING
Directions: FromHaverford, E/Lancaster, R/Ardmore Ave. , L/Spring to corner of Spring and Simpson
Municipality: LOWER MERION TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Montgomery County
APN: —
Home facts updated by county records on Apr 12, 2023
Around this home
Schools
Penn Valley School
Public K-4 • Assigned • 2.1mi
10/10
Welsh Valley Middle School
Public 5-8 • Assigned • 2.7mi
9/10
Lower Merion High School
Public 9-12 • Assigned • 1.0mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Ardmore, PA • 19003
Average low and high temperatures (°F)
36
23
41
27
59
38
67
46
73
55
84
65
89
71
82
63
78
61
69
48
56
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$706,000 – $855,000
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