BEDS5
BATHS1 full 1 partial
SQUARE FEET1,930
MLS#PAMC2178146
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONARDMORE
SCHOOLLOWER MERION
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.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.05 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $4,381
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Oven/Range - Electric, Dishwasher
Exterior: Brick
Fencing: Wood
Flooring: Carpet
Interior: Carpet, Kitchen - Eat-In, Kitchen - Table Space
Location: Suburban
Lot: Level
Lot Dimensions: 0.05 Acre(S)
Municipality: LOWER MERION TWP
Number of Rooms: 9
Sewer: Public Sewer
SQFT Above Finished: 1930
SQFT Total Finished: 1930
Structure Type: Twin/Semi-Detached
Water: Public
Local Schools
School District: LOWER MERION
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Devon-Wayne
Agency Phone: 6106478300
Shown By
Agent Name: The Richard Boas Real Estate Team
Agent Phone: (717) 209-0995
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,749.56 per month $1,224.06 Principal & Interest $365.08 Property Tax $160.42 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
221 Ardmore Avenue | MLS# PAMC2178146
This single family home located at 221 Ardmore Avenue, Ardmore, PA 19003 is currently listed for sale with an asking price of $550,000. This property was built in 1920 and has 5 bedrooms and 1 full and 1 partial baths with 1930 sq. ft. Ardmore Avenue is located in the ARDMORE subdivision within the LOWER MERION school district. Search ARDMORE real estate on www.richardboasrealestate.com today.