Pending
200 W Wayne Ave
Wayne PA, 19087
$3,399,000
Pending
10 Beds
Residential
Built in 2017
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.
PADE2072410
MLSⓇ ID
August 2, 2024
Listed
November 11, 2024
Updated
Map
200 W Wayne Ave
Wayne PA, 19087
Interior Features
Total Stories
4
Bedrooms
10
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Architectual Style
Dutch, Colonial
Sewer
Public Sewer
School Information
School District
RADNOR TOWNSHIP
High School
RADNOR
Elementary School
RADNOR
Other Property Details
Area Name
RADNOR TWP
Taxes
$20,884
Tax Frequency
Annually
Days on Market
102
Garage
Yes
Garage Spaces
2
Parking
Attached
Parking Total
2
View
No
County
DELAWARE
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/11/2024 | Pending | — |
11/6/2024 | Price change | $3,399,000 -2% |
10/21/2024 | Price change | $3,449,000 -2% |
8/19/2024 | Price change | $3,499,000 -10% |
8/2/2024 | Active | — |
Listed by Glen Mary Real Estate LLC
Listing Contact: 9083343493
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/11/2024 at 9:12 PM UTC