115 Montgomery Avenue • Bala Cynwyd, PA 19004

$1,500,000 Beds: 0 • Baths:Sq. Feet: 4082 • MLS ID: PAMC2182228 • Subdivision:School Dist: LOWER MERION
Exceptional investment opportunity in the highly desirable Bala Cynwyd area, located within the award-winning Lower Merion School District! This fully occupied triplex plus separately rented garage offers immediate and substantial cash flow, generating an impressive $9,370 per month ($112,440 annually) in gross rental income. The property consists of three residential units and a detached garage, all currently leased. Unit 1 is a spacious 3-bedroom, 1-bathroom apartment featuring a private deck and in-unit laundry, rented for $3,070/month. Unit 2 offers 2-3 bedrooms, 1 bathroom, and in-unit laundry, rented for $2,750/month. Unit 3 is a large 5-bedroom, 1-bathroom apartment with in-unit laundry, rented for $3,070/month. The detached garage provides an additional income stream, currently rented for $480/month. Adding to the property's strong investment profile, tenants are responsible for their own electric and gas utilities, while each unit contributes a $100 monthly water fee. The property also features a large driveway with parking for 10+ vehicles, a highly sought-after amenity for tenants and guests alike. Whether you're looking to expand your portfolio with a high-performing asset or complete a 1031 exchange, this turnkey, income-producing property checks all the boxes. Opportunities to acquire a fully leased multifamily property with strong rents, multiple income streams, tenant-paid utilities, and a premier Lower Merion location are rare. Schedule your showing today and add this exceptional investment to your portfolio. View this listing at: http://hankinshomes.com/mls=PAMC2182228

Property Features

  • Garage: 1
  • Taxes: $12,063
  • Basement: Yes
  • Exterior: Frame
  • Lot Size: 0.34 Acres
  • Lot Dimensions: 0.34 Acre(S)
  • Heating: 90% Forced Air
  • Fuel Type: Natural Gas
  • Cooling: Central A/C
  • Year Built: 1925
  • Water: Public
  • Sewer: Public Sewer
  • Units: 3
  • Three Bedroom Units: 3
  • Municipality: LOWER MERION TWP
  • Additional Structures: Above Grade,Below Grade
  • Structure Type: Detached
  • Total Garage/Parking Spaces: 11
  • Basement: Unfinished

School Information

  • School District: LOWER MERION
Printed June 03, 2026


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Corinne Hankins 

2660 Gravel Road, Harrisburg, PA 17110
717-657-8700