Wayne, PA 19087,200 W WAYNE AVE
Wayne, PA 19087,200 W WAYNE AVE
Wayne, PA 19087,200 W WAYNE AVE
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$3,399,000
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200 W WAYNE AVE Wayne, PA 19087

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UPDATED:

11/06/2024 02:40 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID PADE2072410

Style Dutch,Colonial

Originating Board BRIGHT

Year Built 2017

Annual Tax Amount $20,884

Tax Year 2024

Lot Dimensions 130.00 x 157.00

Property 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.

Location

State PA

County Delaware

Area Radnor Twp (10436)

Zoning MULTIFAMILY

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Garage Additional Storage Area, Basement Garage

Garage Spaces 2.0

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Parking Lot, Attached Garage

Attached Garage 2

Total Parking Spaces 2

Garage Y

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Dutch, Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Radnor

Middle Schools Radnor

High Schools Radnor

School District Radnor Township

Others

Tax ID 36-06-03958-00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Christopher J Lombardi • Glen Mary Real Estate LLC

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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200 W WAYNE AVE