200 W Wayne Ave , Wayne, PA 19087
Wayne, PA 19087
Description
Stunning multifamily trophy property, ideally located within walking distance to downtown Wayne, Pennsylvania. It’s consists of a total of 7 rental units which includes four single story apartments, one two story townhouse-style apartment, and two rented garages, offering a blend of modern amenities and classic elegance. This property underwent a full renovation in 2017 and was restored to modern living while keeping its historic charm intact. Property Features:- High cash flow property- Four Spacious Flats: Each unit boasts two bedrooms and two bathrooms, providing ample living space and privacy for tenants.- Townhouse apartment: Boasts two stories of luxury living with two bedrooms and 2 and a half bathrooms- Garages and Parking: Two garages are rented separately, and each unit has dedicated on-site parking, adding value and convenience for tenants.- High-End Finishes: All units feature beautiful hardwood floors, extensive wood trim work, and stainless steel appliances, creating a luxurious living environment.- In-Unit Laundry: Enjoy the convenience of a washer and dryer in each unit.- Maintenance-Free and Self-Sufficient: This property is low maintenance with tenants responsible for all utilities, ensuring a hassle-free investment. Additional Highlights:- Fantastic Location: Nestled in the heart of Wayne, this property is walking distance to downtown, offering easy access to shops, restaurants, and public transportation.- Strong Rental Income: With its modern amenities and prime location, this property is a cash cow, providing a robust and consistent rental income stream.- Appealing to Tenants: The combination of beautiful historic charm, extensive trim work, and high-end finishes make these units highly desirable, ensuring low vacancy rates. Investment Opportunity:This property represents an exceptional investment opportunity with its combination of location, luxury features, and strong rental income. Whether you're expanding your portfolio or seeking a solid income-producing property, this multi-unit building is a standout choice. Schedule a private showing today Don’t miss out on this incredible opportunity to own a premier investment property and cash cow in the heart of Wayne, PA.
Details
| Mls | PADE2072410 |
|---|---|
| Listing Type | For Sale |
| Style | Detachd |
| Subtype | Resale |
| Status | Pending |
| Year | 2017 |
| Days On Site | 135 |
| Listing Provided By | Glen Mary Real Estate LLC | Christopher J Lombardi |
Features
| Garage | 2 |
|---|---|
| Zoning | MULTIFAMILY |
Market Activity 19087
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Learn More About This Property
| State | PA |
|---|---|
| County | Delaware |
| City | Wayne |
| Zip Code | 19087 |
| Area | Radnor Twp |
| School District | Radnor Township |
| Elementary School | Radnor |
| Middle School | Radnor |
| High School | Radnor |
| Listing VS Median (in 19087) | |
Price: $3,399,000 low | high Med: $485,000 On Site: 135 low | high Med: 17.000000 | |
