200 W Wayne Ave, WAYNE

$3,399,000

0 Beds
0 Baths
0 Sqft
0 Acres
2 Garages

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.

Essential Information
MLS® #PADE2072410
Price$3,399,000
Bathrooms0.00
Acres0.00
Year Built2017
TypeMulti-Family
Sub-TypeOther, Detached
StyleDutch Colonial, Colonial
StatusPending
Community Information
Address200 W Wayne Ave
AreaRadnor Twp (10436)
CityWAYNE
CountyDELAWARE-PA
StatePA
MunicipalityRADNOR TWP
Zip Code19087
Amenities
# of Garages2
Garages

Additional Storage Area, Basement Garage

Interior
HeatingForced Air
CoolingCentral A/C
# of Stories4
Exterior
ExteriorFrame, HardiPlank
FoundationSlab
School Information
DistrictRADNOR TOWNSHIP
ElementaryRADNOR
MiddleRADNOR
HighRADNOR
Additional Information
ZoningMULTIFAMILY
Listing Details
OfficeGlen Mary Real Estate LLC
Office Contact(732) 630-3000
Property History
Status Changed from Active to Pending
Price Reduced from $3,449,000 to $3,399,000
Price Reduced from $3,499,000 to $3,449,000
Price Reduced from $3,870,000 to $3,499,000
Status Changed from Coming Soon to Active
LISTING MAP

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Listing information last updated on January 10th, 2025 at 9:45pm EST.

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