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.
Status | Withdrawn |
Price | $3,399,000 |
Property Type | Single Family / Detached |
Courtesy of Glen Mary Real Estate LLC, Christopher Lombardi | |
Provided By | BRIGHT |
Last checked on BRIGHT | 9/7/2025 11:36:05 PM |
Tax Amount | 20884.00 |
Tax Year | 2024 |
Year built | 2017 |
Address | 200 W WAYNE AVENUE |
City | Wayne |
State | Pennsylvania |
County | Delaware |
Postal Code | 19087 |
Directions | On the corner of Bloomingdale Ave and West Wayne Ave in downtown Wayne, PA |