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.
Additional Storage Area, Covered Parking, Garage - Front Entry
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Listing information last updated on September 15th, 2019 at 2:03am EDT.