# 115 MONTGOMERY Avenue, Bala Cynwyd, PA 19004

> **TL;DR:** residential multi family, $1,500,000 ($367/sqft), built 1925, 4,082 sqft.
> A/C. Est. $6,500/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Price/sqft | $367 |
| Square Feet | 4,082 |
| Year Built | 1925 |
| Lot Size | 14,810 sqft (0.34 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1925
- 0.34 acre lot
- 11 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 115 MONTGOMERY Avenue, Bala Cynwyd, PA 19004
- **County:** MONTGOMERY
- **Coordinates:** 40.00591, -75.23763
- **Google Maps:** https://www.google.com/maps?q=40.00591,-75.23763

## Listing Agent

- **Name:** Jason Drew Driscoll
- **Brokerage:** EXP Realty, LLC
- **Phone:** 2678388537
- **Email:** jasondrewdriscoll@gmail.com

## Primary Photo

![115 MONTGOMERY Avenue - Primary Photo](http://lh.rdcpix.com/ded6362168aa7f56534dee712c5a204bl-f1353075470r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/115-montgomery-avenue-bala-cynwyd-pa-19004-c2182228)*

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**MLS#:** PAMC2182228 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/115-montgomery-avenue-bala-cynwyd-pa-19004-c2182228)

---

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  "name": "115 MONTGOMERY Avenue, Bala Cynwyd, PA 19004",
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