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Graceann Tinney

graceann@graceanntinney.com +1(267) 373-8244

Listed by Alex Coates • Keller Williams Realty Devon-Wayne

$550,000

Est. payment - /mo

5 Beds

2 Baths

1,930 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,930 sqft

Price per Sqft $284

Subdivision Ardmore

MLS Listing ID PAMC2178146

Style Colonial

Bedrooms 5

Full Baths 1

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,930

Year Built 1920

Available Date 2026-05-05

Annual Tax Amount $4,381

Tax Year 2025

Lot Size 2,020 Sqft

Acres 0.05

Lot Dimensions 20.00 x 0.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Rare opportunity to purchase a Lower Merion Township–licensed student rental in the heart of Ardmore. Just 3.3 miles (approximately a 9-minute drive) to Villanova University and a short 10-minute walk to the Ardmore Train Station (or 3-minute drive), this location is ideal for student tenants.

Opportunities like this are extremely limited—purchasing an existing licensed property is often the only way to enter the Lower Merion student rental market. The property can also be used as a primary home or non-student rental if the next Buyer chooses to give up the student license.

Currently vacant and ready for the upcoming student rental cycle, the new owner has full control over tenant selection. The typical lease structure has tenants paying all utilities, maximizing owner returns. Market rents for comparable student rentals range from $4,200 to $4,400 per month.

This well-maintained, large 5-bedroom twin home features a welcoming front porch, rear yard, and recent updates, including new carpet, newer HVAC, and fresh interior and exterior paint—making it a true turnkey investment.

Enjoy walkable access to Suburban Square, along with Ardmore's shops, dining, and Main Line amenities.

Call today for more details or to schedule a private tour of this exceptional investment opportunity.

Location

State PA

County Montgomery

Area Lower Merion Twp (10640)

Zoning RESIDENTIAL

Rooms

Basement Unfinished

Main Level Bedrooms 5

Interior

Interior Features Carpet, Kitchen - Eat-In, Kitchen - Table Space

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Flooring Carpet

Inclusions Washer, Dryer & refrigerator, in AS IS condition.

Equipment Oven/Range - Electric, Dishwasher

Fireplace N

Appliance Oven/Range - Electric, Dishwasher

Heat Source Natural Gas

Laundry Has Laundry, Main Floor

Exterior

Fence Wood

Water Access N

Roof Type Asphalt

Accessibility None

Garage N

Building

Lot Description Level

Story 3

Foundation Stone

Above Ground Finished SqFt 1930

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls

New Construction N

Schools

School District Lower Merion

Others

Senior Community No

Tax ID 40-00-01452-002

Ownership Fee Simple

SqFt Source 1930

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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NEARBY SCHOOL & BUSINESS

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Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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221 ARDMORE AVE Ardmore, PA 19003

Graceann Tinney

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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221 ARDMORE AVE