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660 Loraine St, ARDMORE, PA

$495,000 - 3,093 Sqft - .26 Acres - 9 DOM

KW Commercial is proud to exclusively present for sale this four unit multifamily property in Ardmore Park. The property has been drastically under managed and under rented, which leaves significant value add potential to the new owner. Well located in a beautiful neighborhood setting just steps away from Chestnutwold Elementary School, Merion Golf Course and Lankenau Hospital. There is great potential to improve the units with cosmetic upgrades, including kitchens and bathrooms, and lease the updated units to nearby teachers, nurses, or other professionals. The property includes three garages for additional income and value to the tenants. Multiple laundry hook ups in the basement that is easily accessible through a rear private entrance. Average household income within 3 miles is $120,000 and average home value is $387,000. Excellent opportunity to own a value add investment property in a beautiful neighborhood.

Essential Information

For 660 Loraine St, ARDMORE, PA
  • MLS® # PADE499672
  • Price $495,000
  • Bathrooms 0.00
  • Square Footage 3,093
  • Acres 0.26
  • Year Built 1925
  • Type Multi-Family
  • Sub-Type Detached, Quad
  • Style Dwelling with Rental
  • Status Pending

Community Information

For 660 Loraine St, ARDMORE, PA
  • Address 660 Loraine St
  • Area Haverford Twp (10422)
  • City ARDMORE
  • County DELAWARE-PA
  • State PA
  • Zip Code 19003

Amenities

For 660 Loraine St, ARDMORE, PA
  • # of Garages 3

Garages

For 660 Loraine St, ARDMORE, PA

Additional Storage Area, Covered Parking, Garage - Front Entry

Interior

For 660 Loraine St, ARDMORE, PA
  • Heating Hot Water
  • Cooling Window Unit(s)
  • Has Basement Yes
  • Basement Full

Exterior

For 660 Loraine St, ARDMORE, PA
  • Exterior Frame

School Information

For 660 Loraine St, ARDMORE, PA
  • District HAVERFORD TOWNSHIP

Additional Information

For 660 Loraine St, ARDMORE, PA
  • Date Listed September 3rd, 2019
  • Days on Market 9
  • Zoning RESIDENTIAL

Listing Details

For 660 Loraine St, ARDMORE, PA
  • Office KW Commercial

Price Change History for 660 Loraine St, ARDMORE, PA (MLS® #PADE499672)

Date Details Change
Status Changed from Active to Pending

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.

Listing information last updated on September 15th, 2019 at 2:03am EDT.