115 Montgomery Avenue

Bala Cynwyd, PA 19004

$949,000
Price
Beds
4,832 Sq. Ft.
$196 / Sq. Ft.
4,832
Sq. Ft.
$196
per Sq. Ft.

Description

A rare and unique offering, 115 Montgomery is ideally located between the Bala Cynwyd & Merion Station commercial districts. This fully renovated and leased to long term tenants with high positive cash flow is available for sale now. This triplex with a large off-street parking area is ready for the owner or an investor. This property is a owners pride. Original charm and large bay windows on every level, the basement offers additional storage space. There is one garage rented for $250 per month....A rare and unique offering, 115 Montgomery is ideally located between the Bala Cynwyd & Merion Station commercial districts. This fully renovated and leased to long term tenants with high positive cash flow is available for sale now. This triplex with a large off-street parking area is ready for the owner or an investor. This property is a owners pride. Original charm and large bay windows on every level, the basement offers additional storage space. There is one garage rented for $250 per month. Other garage is available for rent. This is very hot rental area and with high rentals.
  1. Listed by Vijay Peethambaram • Tesla Realty Group, LLC
    P: 2153601783 vpeetham@gmail.com

Property Details for 115 Montgomery Avenue

Tax ID Number
40-00-39404-003
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (MONTGOMERY PA)

Location

Listing Courtesy of Tesla Realty Group, LLC
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LISTING UPDATED: 04/04/2024 07:32 PM

Property Details for 115 Montgomery Avenue

StatusPending
MLS #PAMC2098650
Days on Market17
Taxes$9,834 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.34 AC / 14,900 SF
CountyMontgomery County

Location

Listing Courtesy of Tesla Realty Group, LLC
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Building Information for 115 Montgomery Avenue

Stories-Residences3Year Built1925Building Size-Lot Size0.34 AC / 14,900 SF

Payment Calculator

$5,999 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,179

Property Taxes

$820

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 Montgomery Avenue

Location
Location
  • School District Name: LOWER MERION
  • School District County ID: 300200396851
  • SchoolDistrictSource: Listing Agent
  • Elementary School: BALA CYNWY (MONTGOMERY PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: L MERION (MONTGOMERY PA)
  • MiddleSchoolSource: Listing Agent
  • High School: L. MERION (MONTGOMERY PA)
  • County: MONTGOMERY
  • MLS Area: Lower Merion Twp (10640)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $257,360
  • Year Assessed: 2020
  • County Tax: $890
  • City Town Tax: $1,078
  • Clean Green Assessed: No
  • Land Use Code: 1134
  • Agricultural Tax Due: No
  • Zoning: R7
  • Tax Lot: 231
  • School Tax: $7,866
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Repairs, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $3,600
  • Operating Expense Includes: Trash, Snow Removal, Insurance
Financial Information
  • Gross Income: $111,000
  • Gross Scheduled Income: $111,000
  • Annual Rental Income: $108,000
  • Existing Lease Type: Gross, Long Term
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 83.00 x 0.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 728416
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Parking Features: Concrete Driveway, Fenced
Interior Features
Interior Features
  • Interior Features: Attic/House Fan, 2nd Kitchen, Breakfast Area, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Recessed Lighting, Stall Shower, Tub Shower, Walk-in Closet(s)
  • Fireplace: No
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Exterior Lighting, Fire Escape, Outbuilding(s)
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Montgomery County Association of REALTORS

Property History for 115 Montgomery Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 115 Montgomery Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$10,943 ($912 / month)
Home Facts
Baths3Total Finished SqFt4,082 SqFtAbove Grade Finished SqFt4,082 SqFtStories3Lot Size14,900 SqFtStyleTriplexYear Built1925Year Renovated1986ZoningR7CountyMONTGOMERYAPN40-00-39404-00-3

Schools near 115 Montgomery Avenue

This home is within Lower Merion School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Cynwyd School
PublicK to 5

Bala-Cynwyd Middle School
Public6 to 8

Lower Merion High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tesla Realty Group, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.