USAPABala CynwydNone Available115 Montgomery Ave
Listing image | Image 1

115 Montgomery Ave, Bala Cynwyd, PA

House

Other

Listed price in listed location currency (USD).
$1,250,000

001

MLS® PAMC2182228

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4082 sqft
Garage Yes
Taxes $12,063
Days Active 11
Lot Size 0.34 Acres
Approx. Age 1925
Avg. Price Per Sqft $306
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

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.
MLS® NumberPAMC2182228
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1925
BasementUnfinished
DrivewayDriveway, Detached Garage
Garage Spaces
Heat90% Forced Air, Natural Gas
A/CCentral A/C, Natural Gas

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jun 3, 2026List Date
$1,250,000List Price
  • Commute

Commute

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

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