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113 Walnut Avenue

$717,500 113 Walnut Ave, Ardmore, PA 19003
Rare opportunity to own an excellent investment property in Ardmore, Lower Merion! OR... live in one apartment and let the rents from the rest of the building pay most of your mortgage! WALK TO EVERYTHING! Steps away from Ardmore shopping and restaurants, Suburban Square and both SEPTA and Amtrak trains at the Ardmore Station. Fully rented and in very good condition, this triplex has been lovingly maintained by the same owners for nearly 40 years. This is a sun-drenched authentic Colonial on a quiet tree-lined street. Ample off-street parking, nice front porch, delightful back yard. Three-bay garage adds income and is used for storage. First floor apartment features three bedrooms, newer granite/stainless kitchen, hardwood floors, and spacious living room. Second floor has a large one-bedroom apartment with hardwood floors. Third floor apartment enjoys a great deck with a view from the treetops! Annual income of close to $57K, with room for improvement! Seller is licensed Real Estate Agent in the state of PA. Property is also listed as Multi-family - MLS# PAMC2059490.

Rents are as follows:
1. 1st Floor 3 BR apartment 1 Bath $1485 (month to month after 1/30/23
2. 2nd Floor 1 BR apartment 1 Bath $1520 (month to month after 9/30/23
3. 3rd Floor BR apartment 1 Bath $1395 (month to month after 6/30/23
Garage $310
All rents include heat, hot & cold water, gas for cooking, off street parking
  • Sold
    Status
  • 3
    Bedrooms
  • 1
    Bathroom
  • 1900
    Year Built
  • 2,191 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Sold
  • Living Space: 2,191 Sq.Ft.
  • Lot Size: 8,750 Sq.Ft.
  • MLS® ID: PAMC2059824
  • Type: Multi-Family
  • Year Built: 1900
  • Neighborhood: Ardmore
  • Architecture Styles: Colonial
  • School District: LOWER MERION

Interior

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Laundry Room: In Basement
  • Flooring: Hardwood
  • Appliances: Dishwasher, Refrigerator, Microwave, Gas Oven, Gas Range, Washer
  • Other Interior Features: Hardwood

Exterior & Building

  • Stories: 3
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Available
  • Roof: Asphalt
  • Heat Type: Forced Air, Natural Gas
  • Air Conditioning: Window Unit(s)
  • Sewer: Public Sewer

Financial

  • Sales Price: $717,500
  • Real Estate Tax: $5,210/yr

113 Walnut Avenue

The Neighborhood:
Ardmore

The perfect blend of high-end shopping, vibrant dining, playgrounds, and parks with easy access to downtown Philly.

Learn More Ardmore

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