115 Montgomery Ave | Image 1
New
115 Montgomery Ave | Image 2
115 Montgomery Ave | Image 3
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115 Montgomery Ave | Image 7

$1,500,000

For Sale

2 hours ago

115 Montgomery Ave, Bala Cynwyd, PA

House

MLS® PAMC2182228

0 Bed

0 Bath

4082 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4082 sqft
Garage Yes
Taxes $12,063
Days Active 0
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $367
MLS® Number PAMC2182228

Property Address: 115 Montgomery Ave, BALA CYNWYD, PA, 19004-2855

Average square foot calculated using Size range provided by listing agent.

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, while each unit contributes a $100 monthly water fee. 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.
MLS® NumberPAMC2182228
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1925
BasementUnfinished
DrivewayDriveway, Detached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 3, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
115 Montgomery Ave, Bala Cynwyd, PA

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