200 W WAYNE AVE Active Save Request In-Person Tour Request Virtual Tour
Wayne,PA 19087
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