NookLocal

221 ARDMORE

$539,000

5

Beds

1.5

Baths

1,930

Sqft

0.05 sqft lot

Lot size

Residential · MLS #PAMC2178146

Listing Office: Keller Williams Realty Devon-Wayne

About this home

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.

Property taxes

What this home really costs in taxes

Estimated at current rates

$4,380 / year

$365 per month

MLS shows (2025)

$4,381

School tax

LOWER MERION · 35.27 mills (2025-26)

$3,356

County tax

Montgomery County · 5.95 mills (2026)

$566

Municipal tax

As recorded for 2025 — varies by municipality

$458

Assessment note: this home is assessed at $95,160 — well below the ~$165,796 its asking price implies at Montgomery County's common level ratio (30.8%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $2,912/year. Worth pricing in.

Recomputed from the county assessment ($95,160, 1996 base year) × current millage — portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Map

See where it sits

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Map for 221 ARDMORE, ARDMORE, PA 19003

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IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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Data last updated: June 12, 2026 at 2:10 AM EDT