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