221 ARDMORE AVE Ardmore, PA 19003 Price Dropped by $11K
UPDATED: 06/04/2026 03:35 PM ON MARKET: 44 days on market
$539,000
5 Beds2 Baths1,930 SqFt
Key Details
Property Type Single Family Home, Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,930 sqft
Price per Sqft $279
Subdivision Ardmore
MLS Listing ID PAMC2178146
Style Colonial
Bedrooms 5
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,930
Year Built 1920
Available Date 2026-05-05
Annual Tax Amount $4,381
Tax Year 2025
Lot Size 2,020 Sqft
Acres 0.05
Lot Dimensions 20.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
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 residence or non-student rental if the next owner chooses to discontinue the student rental license.
The property is currently leased through May 2027 for $3,900 per month, plus utilities, providing immediate income for the new owner. The typical lease structure has tenants paying all utilities, helping to maximize investment returns.
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.
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