Bought with Stuart Dessner • Prime Realty Group Inc
$910,000
$940,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
457 W LANCASTER AVE Bryn Mawr, PA 19010
2,888 SqFt
Key Details
Sold Price $910,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,888 sqft
Price per Sqft $315
MLS Listing ID PAMC2161788
Sold Date 04/10/26
Style Colonial
Abv Grd Liv Area 2,888
Year Built 1900
Annual Tax Amount $8,356
Tax Year 2025
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 75.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
An exceptional investment opportunity to own a Multifamily in the heart of Main Line!! This zoned Quadruplex is located in a highly desirable, walkable Haverford location within the acclaimed Lower Merion School District, providing a strong rental potential with a prime Main Line address. Residents enjoy walking to Haverford Town Square, Haverford College, and Haverford Boys School. Bryn Mawr downtown, Bryn Mawr Hospital, Suburban Square, and Villanova University are just down the road. Plenty of Parking available behind the property and on the long private driveway.
This fully occupied Quadruplex is well-maintained featuring 4 units that have their own HVACs, their own Water Heaters, and in-unit Washer/Dryer! There is also a well insulated, high ceiling garage with AC on the property that can be rented out as well.
Unit 1A on the first floor is a spacious 1-bedroom plus den, 1-bath unit; Unit 2C on the second floor is a comfortable 2-bedroom, 1.5-bath unit; Unit 3D is a 1-bedroom 1-bath unit. All three of these units are currently leased. Unit 1B is a first floor back unit was recently renovated and currently used for AirBnB.
With reliable income streams and a prime location on the Main Line, this Quadruplex is a smart addition to any investment portfolio.
1st floor: Lease ends in 2027.
2nd floor: Lease ends August 2026
3rd Floor: Lease ends Sept 2026
1st Floor back unit: Airbnb
Garage: Vacant
Location
State PA
County Montgomery
Area Lower Merion Twp (10640)
Zoning QUAD
Rooms
Basement Partial
Interior
Interior Features Built-Ins, Ceiling Fan(s), Wood Floors
Hot Water Natural Gas
Heating Central
Cooling Window Unit(s), Central A/C
Flooring Hardwood, Partially Carpeted
Fireplaces Number 1
Fireplace Y
Heat Source Oil
Exterior
Exterior Feature Porch(es), Roof, Wrap Around
Parking Features Garage Door Opener, Oversized
Garage Spaces 9.0
Water Access N
Accessibility None
Porch Porch(es), Roof, Wrap Around
Total Parking Spaces 9
Garage Y
Building
Foundation Stone, Slab
Above Ground Finished SqFt 2888
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lower Merion
Others
Tax ID 40-00-30708-005
Ownership Fee Simple
SqFt Source 2888
Security Features Main Entrance Lock
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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