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115 Montgomery Ave , Bala Cynwyd, PA 19004
$1,250,000
Est. Payment: $6,752.72/mo
9 Bed
3 Bath
4082 Sqft
0.34 Acres
Status: pending | Days on site: 123
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House Description

Huge Price Drop! Motivated Seller! 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.

Highlights

Listed by Jason Drew Driscoll , 2678388537 EXP Realty, LLC , 8883977352. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.34

Year Built

1925

County

Montgomery

Area

Lower Merion Twp (10640)

School District

Lower Merion

Listing ID

PAMC2182228

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:4082
Basement:Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:11
Zoning:R7
Sewer:Public Sewer
Parking Features:Additional Storage Area,Garage - Front Entry,Driveway,Detached Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$6,753
Taxes
$1,005

Home Price

$1,250,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,752.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,752.72 $1,005.25 $0.00 $7,757.97
Yearly $81,032.60 $12,063.00 $0.00 $93,095.60
Total $2,430,977.89 $361,890.00 $0.00 $2,792,867.89
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Bala Cynwyd, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS