115 Montgomery Ave, Bala Cynwyd, PA 19004
Local realty services provided by:ERA Liberty Realty
115 Montgomery Ave,Bala Cynwyd, PA 19004
$1,500,000
- 9 Beds
- - Baths
- 4,082 sq. ft.
- Multi-family
- Active
Listed by: jason drew driscoll
Office: exp realty, llc.
MLS#:PAMC2182228
Source:BRIGHTMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$367.47
About this home
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....
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Home facts
- Year built:1925
- Listing ID #:PAMC2182228
- Added:46 day(s) ago
- Updated:July 20, 2026 at 01:40 PM
Rooms and interior
- Bedrooms:9
- Basement:Yes
- Basement Description:Unfinished
- Living area:4,082 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Natural Gas
Structure and exterior
- Year built:1925
- Building area:4,082 sq. ft.
- Lot area:0.34 Acres
- Architectural Style:Colonial
- Construction Materials:Frame
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$367.47
- Tax amount:$12,063 (2026)
Parking
- Parking description:Additional Storage Area, Detached Garage, Garage - Front Entry
- Garage:Yes
- Garage spaces:1
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