200 W Wayne Avenue Wayne, PA 19087
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyDelaware
- Taxes$20,884
- HOA/Condo/Coop Fees$0
- Days on Site57 Days
- MLS StatusActive
- MLS ID NumberPADE2072410
- Home Size Source Assessor
- Year Built2017
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style DutchColonial
- Construction FrameHardi Plank Type
- Parking Parking LotAttached Garage
- Sewer Public Sewer
- Basement Basement Garage
- Number of Stories 4
- Acreage 0
- Water Public
- Garage Spaces 2
- Attached Garage Yes
- Foundation Slab
- Zoning MULTIFAMILY
Interior Features
- Cooling Central A/ CElectric
- Heating Forced AirNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area Radnor Twp (10436)