200 W Wayne Avenue
Wayne, PA 19087
- – beds
- – baths
- – sqft
- 2017 build
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Nov 11, 2024
•
MLS# PADE2072410 —
The Building
-
Year Built:2017
-
Year Built Source:Estimated
-
New Construction:No
-
Construction Materials:Frame, HardiPlank Type, Masonry
-
Structure Type:Detached
-
Architectural Style:Dutch, Colonial
-
Building Levels:4
-
Building Units Total:4
-
Accessibility Features:2+ Access Exits
-
Foundation Details:Slab
-
Total SqFt Source:Assessor
-
Total Below Grade SqFt Source:Assessor
Interior
-
Fireplace:No
-
Living Area SqFt Source:Assessor
Room Dimensions
-
Living Area SqFt:0 Sqft
Financial & Terms
-
Sale Type:Standard
-
Possession:Negotiable
Location
-
Directions:On the corner of Bloomingdale Ave and West Wayne Ave in downtown Wayne, PA
-
Latitude:40.04174000
-
Longitude:-75.39202000
The Property
-
Property Type:Multi-Family
-
Property Subtype:Other
-
Property Condition:Excellent
-
Lot Size Units:Square Feet
-
Lot Size Source:Assessor
-
Lot Size Dimensions:130.00 x 157.00
-
Lot Dimensions Source:Assessor
-
Lot SqFt:0 Sqft
-
Zoning:MULTIFAMILY
-
Other Structures:Above Grade, Below Grade
-
Water View:No
-
Waterfront:No
-
Water Oriented:No
-
Water Access:No
-
Navigable Water:No
-
Tidal Water:No
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (908) 334-3493
- Office phone:
- (732) 630-3000
Taxes
-
Tax ID Number:36-06-03958-00
-
Tax Year:2024
-
Tax Lot:463-000
-
Tax Annual Amount:$20,884
-
Tax Assessed Value:$1,032,940
-
Year Assessed:2024
-
School Tax:15114.0
-
County Tax:3097.00
-
City/Town Tax:2516.00
-
Total Taxes Payment Frequency:Annually
Heating & Cooling
-
Cooling Type:Central A/C
-
Central Air:Yes
-
Cooling Fuel:Electric
-
Heating:Yes
-
Heating Type:Forced Air
-
Heating Fuel:Natural Gas
Utilities
-
Sewer/Septic:Public Sewer
-
Hot Water:Natural Gas
-
Water Source:Public
Schools
-
Elementary School:Radnor
-
Middle School:Radnor
-
High School:RADNOR
-
School District Name:Radnor Township
-
School District Source:Listing Agent
The Community
-
Pool:No Pool
Parking
-
Total Garage and Parking Spaces:2
-
Garage:Yes
-
Garage Features:Additional Storage Area, Basement Garage
-
Garage Spaces:2.00
-
Type of Parking:Parking Lot, Attached Garage
-
# of Attached Garage Spaces:2
Extra Units
-
Vacation Rental:No
-
Two Bedroom Units:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/11/24
Nov 11, 2024
|
Pending | BRIGHT | $3,399,000 | |
|
11/6/24
Nov 6, 2024
|
Price Changed | BRIGHT | $3,399,000 | -1.4% |
|
10/21/24
Oct 21, 2024
|
Price Changed | BRIGHT | $3,449,000 | -1.4% |
