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.
Sold
$3,399,000
200 W Wayne Ave, Wayne, PA 19087
10beds
--baths
--sqft
Multi Family
Built in 2017
-- sqft lot
$3,435,600 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 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#: PADE2072410

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
Services availability
Sell for more than others on Zillow
Get a complimentary Zillow Showcase℠ listing and you could sell for .
$3,435,600
2% more+ $68,712
With Showcase(estimated)
$3,504,312