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Sold for $3,399,000 on 03/11/25
  • $3,399,000

    200 W Wayne Ave, Wayne, PA 19087

    10beds
    --baths
    --sqft
    Multi Family
    Built in 2017
    -- sqft lot
    $3,459,100 Zestimate®
    $--/sqft
    $3,434 Estimated rent

    Home value

    $3,459,100

    $3.11M - $3.84M

    $3,434/mo

    Zestimate® history
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    Owner options

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    $3,434/mo

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    $3,434/mo

    Rent Zestimate®

    Refinance and save

    $22,827/mo

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    $22,827/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: March 12, 2025 at 08:27am

    Listed by:

    Christopher Lombardi 908-334-3493,

    Glen Mary Real Estate LLC

    Bought with:

    Anne Townes, RS270256

    Compass RE

    Meghan Lanier, RS339489

    Compass RE

    Source: Bright MLS,MLS#: PADE2072410MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Storage, Basement, Parking Lot, Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Pool features: None
    Lot
    • Size: 0.47 Acres
    • Dimensions: 130.00 x 157.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 36060395800
    • Zoning: MULTIFAMILY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Dutch,Colonial
    • Property subtype: Multi Family
    Materials
    • Frame, HardiPlank Type, Masonry
    • Foundation: Slab
    Condition
    • Excellent
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Wayne
    • Municipality: RADNOR TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/11/2025Sold$3,399,000
    Source: Bright MLS #PADE2072410 Report a problem
    11/11/2024Pending sale$3,399,000
    Source: Bright MLS #PADE2072410 Report a problem
    11/6/2024Price change$3,399,000-1.4%
    Source: Bright MLS #PADE2072410 Report a problem
    10/21/2024Price change$3,449,000-1.4%
    Source: Bright MLS #PADE2072410 Report a problem
    8/19/2024Price change$3,499,000-9.6%
    Source: Bright MLS #PADE2072410 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,683 +3.8%$1,032,940
    2024$20,884 +4.1%$1,032,940
    2023$20,056 +1.1%$1,032,940

    Find assessor info on the county website

    Neighborhood: 19087

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Radnor
    • Middle: Radnor
    • High: Radnor
    • District: Radnor Township

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $3,459,100
    2% more+ $69,182
    With Zillow Showcase(estimated)
    $3,528,282