221 Ardmore Avenue, Ardmore, PA 19003Asking Price of: $550,000

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 home or non-student rental if the next Buyer chooses to give up the student license. Currently vacant and ready for the upcoming student rental cycle, the new owner has full control over tenant selection. The typical lease structure has tenants paying all utilities, maximizing owner returns. Market rents for comparable student rentals range from $4,200 to $4,400 per month. 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.