Wayne PA Multi Family for Sale
$3,499,000
200 W Wayne Avenue Wayne, PA 19087
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2017
- Baths:
- MLS#:
- PADE2072410
ADDITIONAL INFORMATION
Stunning multifamily trophy property, ideally located within walking distance to downtown Wayne, Pennsylvania. Itâs 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 Donât miss out on this incredible opportunity to own a premier investment property and cash cow in the heart of Wayne, PA.
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Wayne Real Estate
The median home value in Wayne, PA is $552,800. This is higher than the county median home value of $210,900. The national median home value is $219,700. The average price of homes sold in Wayne, PA is $552,800. Approximately 73.38% of Wayne homes are owned, compared to 21.21% rented, while 5.41% are vacant. Wayne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Wayne real estate agent to arrange a tour today!
Wayne, Pennsylvania 19087 has a population of 32,530. Wayne 19087 is more family-centric than the surrounding county with 40.2% of the households containing married families with children. The county average for households married with children is 31.92%.
The median household income in Wayne, Pennsylvania 19087 is $131,623. The median household income for the surrounding county is $69,839 compared to the national median of $57,652. The median age of people living in Wayne 19087 is 41.3 years.
Wayne Weather
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 46 inches per year, with 11.6 inches of snow per year.