222 W LANCASTER AVE Lower Merion, PA 19083

Rare Investment Opportunity in downtown Lower Merion! Property is a cash cow and requires very little landlord involvement and is walking distance to Suburban Square and Amtrak/Septa Trains. This mix-use building contains 4 renovated apartments and 1 two story Commercial Unit. Rents are $200-300 below market as they have not been raised in years. Building has 180 feet of street frontage on the high trafficked corner of W Lancaster Ave and Holland Ave, across from the Ardmore Shopping Center. The condo-like apartments contain high end finishes including stainless steel appliances, hardwood floors, stone counter tops, and glass back-splashes. Two washers and two dryers in basement are coin operated and come with building. Very cleaned basement with recently poured slab.
There are four off-street parking spots, two exterior and two in garage for tenants' use. Opportunity to also charge for parking/garage space. Commercial unit will be delivered vacant - perfect for owner user.