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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.
| DAYS ON MARKET | 142 | LAST UPDATED | 11/11/2024 |
|---|---|---|---|
| YEAR BUILT | 2017 | COMMUNITY | Radnor Twp (10436) |
| GARAGE SPACES | 2.0 | COUNTY | DELAWARE |
| STATUS | Pending | PROPERTY TYPE(S) | Residential Income |
| School District | RADNOR TOWNSHIP |
|---|---|
| Elementary School | RADNOR |
| Jr. High School | RADNOR |
| High School | RADNOR |
| PRICE HISTORY | |
| Prior to Aug 19, '24 | $3,870,000 |
|---|---|
| Aug 19, '24 - Oct 21, '24 | $3,499,000 |
| Oct 21, '24 - Nov 6, '24 | $3,449,000 |
| Nov 6, '24 - Today | $3,399,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Radnor Twp (10436) |
| CONSTRUCTION | Frame |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT DIMENSIONS | 130.00 x 157.00 |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | 4 |
| STYLE | Colonial, Dutch |
| TAXES | 20884 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Glen Mary Real Estate LLC
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Data last updated: 12/20/24 5:43 PM PST
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