107 WALNUT AVE Ardmore, PA 19003
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Ardmore
MLS Listing ID PAMC2161962
Year Built 1900
Annual Tax Amount $7,373
Tax Year 2025
Lot Size 8,750 Sqft
Acres 0.2
Lot Dimensions 50.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Introducing a rare and highly desirable investment opportunity in the heart of Ardmore—a fully rented five-unit apartment building with strong rental income and bonus garage revenue. Properties like this simply do not come around often.
This well-maintained building features five updated units, all in good condition and fully occupied, providing immediate and consistent cash flow. In addition to the residential units, the property includes a three-car garage, also rented for additional income—a valuable perk in this location.
✨ Property Highlights
Five-unit apartment building in great condition
All units fully rented — turnkey income from day one
Updated interiors across the units
Three-car garage also fully rented for extra monthly revenue
Long driveway with assigned parking spots behind the building
Excellent cash-flowing opportunity with minimal lift required
📍 Prime Ardmore Location
Situated in one of the Main Line's most walkable and vibrant communities, this property offers unbeatable accessibility:
Steps from shops, restaurants, cafés, and local attractions
Close to major travel routes and public transportation
Highly desirable neighborhood for renters, ensuring strong long-term demand
💰 A High-Performing Addition to Any Portfolio
Whether you're a seasoned investor or building your first multifamily portfolio, this property delivers stability, location, and immediate returns. With all units and the garage already rented, this is a rare chance to secure a truly plug-and-play investment in Ardmore.
You do not want to miss this one!
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning MIXED RES/COMM
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Laminate Plank, Partially Carpeted
Inclusions Landlord owned Appliances
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-63804-002
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Zack Grimmer
Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849