$1,500,000

115 MONTGOMERY AVE, Bala Cynwyd, PA 19004

  • 4,082 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $367/sqft
  • Property List Date Icon Listed 20 days ago

Property 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.

Listing Status:
Active
Data Last Updated:
June 23, 2026 at 6:21PM
Listing Office:
EXP Realty, LLC : 8883977352
Listing Agent:
Jason Drew Driscoll : 2678388537
MLS ID:
PAMC2182228
  • Basement: Unfinished
  • A/C: Central A/C
  • Heating: 90% Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Colonial
  • General: FrameStone
  • Originating MLS: BRIGHT_MAIN
  • School District: LOWER MERION
  • County: MONTGOMERY-PA
  • Zoning: R740-00-39404-003
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jason Drew Driscoll , EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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