221 Ardmore Ave, Ardmore, PA 19003

Rare opportunity to purchase a Lower Merion Townshiplicensed 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.nnOpportunities 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.nnThe 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.nnThis 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.nnEnjoy walkable access to Suburban Square, along with Ardmores shops, dining, and Main Line amenities.nnCall today for more details or to schedule a private tour of this exceptional investment opportunity.