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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 | 78 | LAST UPDATED | 8/19/2024 |
|---|---|---|---|
| YEAR BUILT | 2017 | COMMUNITY | Radnor Twp (10436) |
| GARAGE SPACES | 2.0 | COUNTY | DELAWARE |
| STATUS | Active | 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 - Today | $3,499,000 |
| 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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2024 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 10/17/24 10:14 PM PDT
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