221 Ardmore Ave, Ardmore, PA 19003
Local realty services provided by:ERA Central Realty Group
221 Ardmore Ave,Ardmore, PA 19003
$519,000
- 5 Beds
- 2 Baths
- 1,930 sq. ft.
- Single family
- Active
Listed by: alex coates
Office: keller williams realty devon-wayne
MLS#:PAMC2178146
Source:BRIGHTMLS
Price summary
- Price:$519,000
- Price per sq. ft.:$268.91
About this home
Rare opportunity to purchase a Lower Merion Township–licensed student rental in the heart of Ardmore. Just 3.3 miles (approximately a 9-minute drive) to Villanova University and a short 10-minute walk to the Ardmore Train Station (or 3-minute drive), this location is ideal for student tenants.
Opportunities like this are extremely limited—purchasing an existing licensed property is often the only way to enter the Lower Merion student rental market. The property can also be used as a primary residence or non-student rental if the next owner chooses to discontinue the student rental license.
The property is currently leased through May 2027 for $3,900 per month, plus utilities, providing immediate income for the new owner. The typical lease structure has tenants paying all utilities, helping to maximize investment returns.
This well-maintained, large 5-bedroom twin home features a welcoming front porch, rear yard, and recent updates, including new carpet, newer HVAC, and fresh interior and exterior paint—making it a true turnkey investment.
Enjoy walkable access to Suburban Square, along with Ardmore’s shops, dining, and Main Line amenities.
Call today for more details or to schedule a private tour of this exceptional investment opportunity....
Contact an agent
Home facts
- Year built:1920
- Subdivision & Development:ARDMORE
- Listing ID #:PAMC2178146
- Added:91 day(s) ago
- Updated:August 03, 2026 at 01:43 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:9
- Flooring:Carpet
- Kitchen Description:Carpet, Dishwasher, Kitchen - Eat-In, Kitchen - Table Space, Oven/Range - Electric
- Bedroom Description:Carpet
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,930 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Building area:1,930 sq. ft.
- Lot area:0.05 Acres
- Lot Features:Level, Suburban
- Architectural Style:Colonial
- Construction Materials:Brick
- Foundation Description:Stone
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$519,000
- Price per sq. ft.:$268.91
- Tax amount:$4,381 (2025)
Features and amenities
- Laundry features:Has Laundry
- Amenities:Carpet
Parking
- Parking description:On Street
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