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115 Montgomery Ave, 
Bala Cynwyd, PA 19004

$1,250,000


9

Beds


—

Bath


4,082

Sq Ft


Multi-Family

Pending

Listed by

Jason Drew Driscoll

eXp Realty, LLC., 8883977352, pa.broker@exprealty.com

Last updated:

October 13, 2026, 07:58 AM

MLS#

PAMC2182228

Source:

BRIGHTMLS

About This Home

115 Montgomery Ave

Huge Price Drop! Motivated Seller! 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, unit 2 pays $100 flat water each month. 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.

Home Facts

Multi-Family

9 Bedrooms

Built in 1925

Price Summary

1,250,000

$306 per Sq. Ft.

MLS #:

PAMC2182228

Last Updated:

October 13, 2026, 07:58 AM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

9


Structure

Structure

Architectural Style:

Colonial

Building Area:

4,082 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$306 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.