This Lower Merion property is zoned C-1 and offers several options for multi-family use or for the business owner. The building and two car-detached garage are in turnkey condition, but under utilized. The easy to maintain brick exterior and Ardmore location make this property a practical investment. There is a large unfinished walkout basement. Unit 1 - first floor front unit has a two-room storefront with powder room. Unit 2 - is located at the first floor rear. Unit 2 is a large one-bedroom apartment with newer kitchen and private laundry. Unit 3 consists of the second & third floors. Unit 3 is currently used as a 3 bedroom, 1.5-bath apartment with private laundry. Tenants pay the PECO bills. Lots of possibilities and potential for business and multi-family uses. This property is well located and in excellent condition.
Multi-familyProperty Type
1940Year Built
6,218 sq ftLot Size
$193Est. Price/Sq.Ft.
6 spacesParking
Listed by Deborah Dorsey• Duffy Real Estate-Narberth
•610-667-6655 (broker)
Listed by Dave Dorsey• Duffy Real Estate-Narberth
•610-667-6655 (broker)
Bought with Frank Jackson• Duffy Real Estate-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
50 ft.
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Montgomery County
APN
40-00-13344-008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 18, 2018.
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 Total Garage and Parking Spaces: 6
# of Open Parking Spaces: 4
Other
Interior
Room Information
Master Bedroom
Laundry Type: Has Laundry
Basement Information
Basement: Yes
Full, Unfinished
Multi Unit Information
# of Single Room Units: 1
# of One Bedroom Units: 1
# of Three Bedroom Units: 1
Other Units: Unit 1,Unit 2,Unit 3
Annual Gross Expense: $4,391
Exterior
Property Information
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Construction Not Completed
Construction Materials: Brick
Other Structures: Above Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 50
Tidal Water: No
Above Grade Information
Finished Sq.Ft.: 3,640
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Tax Assessed Value: $179,580
Tax Year: 2007
Tax Annual Amount: $4,391
Utilities
Utilities Information
Cooling Type: Wall Unit
Gas
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: LOWER MERION
Location Information
Cross Street: LORAINE
Directions: Wynnewood Road to County Line Road to property on right
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: 40-00-13344-008
Home facts updated by county records on Nov 18, 2018
Around this home
Schools
Penn Valley School
Public K-4 • Assigned • 2.2mi
10/10
Welsh Valley Middle School
Public 5-8 • Assigned • 2.8mi
9/10
Lower Merion High School
Public 9-12 • Assigned • 1.1mi
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
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27
59
38
67
46
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89
71
82
63
78
61
69
48
56
39
42
28
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Sun exposure
In this area, properties receive around 9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$667,000 – $807,000
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