8 CRICKET AVE Ardmore, PA 19003

In-person showings are allowed following all Covid-19 requirements set by Pennsylvania. Please wear mask and gloves for showings. This well-maintained storefront property in booming Ardmore has excellent investment value. It comes with a large 2nd floor 1-bedroom apartment that's already rented for you. Located in the heart of convenient Ardmore, there is a short walk to the R-5 train station, bus line, 2 public parking lots, and many types of shopping and restaurants. The +/- 700 square foot first floor has a big reception area, 2 work rooms, a half bath, storage room, and additional office space. The partition walls can easily be removed to redesign the space. The second floor walkup features +/- 700 square feet of living space including a large skylit living room, big dining room, kitchen updated with granite countertop, classic white cabinetry and gas coking. The in-unit washer/dryer combo is a real plus. There is a big bedroom and an additional room for an office or storage. The full bath completes the 2nd floor apartment. The office and apartment have separate meters for gas, electric, and water. And each has a separate heater and water heater. The 1st floor office is owner occupied and has potential monthly rent of $2,000The 2nd floor apartment is rented for $975 per month until 9/2021. Tenant pays all utilities. Total potential monthly income $2,975.Total expenses for the 1st floor office are $9,311 and include real estate taxes, insurance, water, electric, and gas.