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  • $575,000

    21 E Spring Ave, Ardmore, PA 19003

    4beds
    3baths
    --sqft
    Quadruplex
    Built in 1940
    -- sqft lot
    $668,100 Zestimate®
    $--/sqft
    $2,338 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 28, 2023 at 07:16am

    Listed by:

    Jon Iannacone 610-790-3399,

    Swayne Real Estate Group, LLC,

    Co-Listing Agent: Ashley B Swayne 484-716-9951,

    Swayne Real Estate Group, LLC

    Bought with:

    Lisie Abrams, RS316531

    Compass RE

    Source: Bright MLS,MLS#: PAMC2067618MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Heat Pump, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Luxury Vinyl
    • Basement: Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Paved, Off Street, On Street, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,800 sqft
    • Dimensions: 20.00 x 0.00
    • Features: Corner Lot/Unit
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 400055824008
    • Zoning: MIXED RES/COMM
    • Zoning description: 4100 Mix: Retail, Ofc, Apts - Multi-Use, Dwelling Conv (Office), Built as Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other,Traditional
    • Property subtype: Quadruplex
    Materials
    • Other
    • Foundation: Stone
    • Roof: Rubber,Shingle
    Condition
    • Good
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: 200+ Amp Service, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: Ardmore
    • Municipality: LOWER MERION TWP

    HOA & financial

    Other financial information
    • Total actual rent: 69000

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,Bank Portfolio
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $668,100
    2% more+ $13,362
    With Zillow Showcase(estimated)
    $681,462