115 Montgomery Avenue Bala Cynwyd, PA 19004
Listing Courtesy of: BRIGHT IDX / Listed By: eXp Realty, LLC

  115 Montgomery Avenue Bala Cynwyd, PA 19004

Active (1 Days)
$1,500,000 (USD)

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 #:
PAMC2182228
Taxes
$12,063(2026)
Lot Size
0.34 acres
Type
Multifamily
Year Built
1925
Style
Colonial
School District
Lower Merion
County
Montgomery County

Listed By

Jason Drew Driscoll, eXp Realty, LLC
Source
BRIGHT IDX
Last checked Jun 3 2026 at 9:12 PM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Stone
Heating and Cooling
  • 90% Forced Air
  • Central A/C
Basement Information
  • Unfinished
Exterior Features
  • Frame
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 4,082 sqft
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/3/26 14:12