Features & Amenities

Interior

  • Total Bedrooms

    10

Area & Lot

  • Property Type

    Residential Income

  • Architectural Style

    Dutch, Colonial

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Frame, HardiPlank Type

  • Parking

    Garage, Parking Lot, Basement, Attached

Financial

  • Sales Price

    $3,399,000

  • Tax Amount

    20884.0

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Location

County

DELAWARE

Elementary School

RADNOR

Middle School

RADNOR

High School

RADNOR

Listing Courtesy of Christopher J Lombardi , Glen Mary Real Estate LLC

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

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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.

200 W WAYNE AVENUE

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