Ardmore, PA 19003,21 E SPRING AVE
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Ardmore, PA 19003,21 E SPRING AVE
Ardmore, PA 19003,21 E SPRING AVE
Ardmore, PA 19003,21 E SPRING AVE
Ardmore, PA 19003,21 E SPRING AVE

$575,000

Est. payment /mo

$575,000

Est.Price: ?

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21 E SPRING AVE Ardmore, PA 19003

4,800 Sqft Lot

SOLD DATE : 06/28/2023

Key Details

Sold Price $575,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAMC2072054

Sold Date 06/28/23

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $3,679

Tax Year 2022

Lot Size 4,800 Sqft

Acres 0.11

Lot Dimensions 20.00 x 0.00

Property Description

Great investment opportunity in Ardmore with 9.8 % cap rate. This 4 unit mixed-use building features the following units: Apt A - 2 bedroom. Apt B (commercial unit)-1st floor rear, basement and parking lot, Apt C- 1 Bedroom studio, Apt D-1 Bedroom

Opportunity for new owner to enjoy solid cash flow and make upgrades as desired to increase rents.

Attractive location for tenants! This property has a WalkScore of 88 and is within walking distance to Suburban Square, downtown Ardmore, and the Ardmore Library . Close to public transport - Train station and Septa bus stops are all within walking distance.

Location

State PA

County Montgomery

Area Lower Merion Twp (10640)

Zoning MIXED RES/COMM

Interior

Hot Water Natural Gas

Heating Forced Air, Heat Pump(s)

Cooling Window Unit(s)

Flooring Carpet, Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Water Access N

Roof Type Rubber,Shingle

Accessibility None

Total Parking Spaces 5

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Lower Merion

School District Lower Merion

Others

Tax ID 40-00-55824-008

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Bank Portfolio

Listing Terms Cash, Bank Portfolio

Financing Cash,Bank Portfolio

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jon Iannacone • Swayne Real Estate Group, LLC
Bought with Lisie B Abrams • Compass RE

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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