Fantastic investment opportunity on the Main Line! Send your children to T/E School District, walk just 6 minutes to the Strafford train station, drive just 4 minutes to downtown Wayne, close to Whole Foods and Devon Yard, and on top of all that you're just minutes from King of Prussia. This two-story home features 2 rental units; the 1st Floor Unit features 2 Bedrooms, Living Room, Dining Area, Kitchen and Full Bathroom with tile flooring. The main living area has wood laminate flooring and large windows contributing to the light and bright atmosphere. The 2nd Floor Unit has a separate side entrance with walk up to a Foyer Entry, large Kitchen with Dishwasher and eat-in area, Living Room, Office, Bedroom, and Bathroom. Beautiful hardwood flooring, tall baseboard, crown molding, and ample windows for air flow and light. Both Units are equipped with a stacked Washer & Dryer. First floor unit is currently vacant and would make for a terrific "househack" opportunity. Live in the first floor, rent the second floor and pay far less than you would to otherwise live in Wayne and specifically TE School District. Really a wonderful opportunity for an investor or owner occupant. Schedule your showing now!
Stunning multifamily trophy property, ideally located within walking distance to downtown Wayne, Pennsylvania. Itâs 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 Donât miss out on this incredible opportunity to own a premier investment property and cash cow in the heart of Wayne, PA.
Wayne is located in Pennsylvania. Wayne, Pennsylvania has a population of 32,530. Wayne is more family-centric than the surrounding county with 40.2% of the households containing married families with children. The county average for households married with children is 31.92%.
The median household income in Wayne, Pennsylvania is $131,623. The median household income for the surrounding county is $69,839 compared to the national median of $57,652. The median age of people living in Wayne is 41.3 years.
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 46 inches per year, with 11.6 inches of snow per year.
