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206 W Wayne Avenue

WAYNE, PA 19087

– beds
– baths
2,048 sqft
3,049 sqft lot
$268 per sqft
1920 build

Extremely low down-payment available for an owner occupant. Don't miss out on this rare opportunity to own a multi-unit property in a premier Main Line location. Perfect for an owner occupant with rental income significantly contributing to the mortgage payment. FHA 203k mortgage eligible which allows financing for purchase and updating in the mortgage amount with a 3.5% down-payment. FNMA also has a 5% down program for an owner occupant. The owner is willing to contribute to Buyer's closing costs. This 2 unit property is located just a few blocks from restaurants, stores and the train station.r. Each building features two (2) spacious 2 bedroom units with each having a full size living room and dining room, a kitchen, a bath, 2 large bedrooms, and a convenient back stairway leading to the basement and rear yard. The enclosed porch can be a bonus room or home office. This building was designed and built as a duplex, and is not a conversion. Rents are below market and can be increased. Leases are month to month. Great opportunity for an owner occupant or long term investor. Available for purchase are 2 buildings, and the purchase can be for 2 or 4 units. Owner will sell buildings separately. There are no interior pictures because the furnishings etc. belong to the tenants and such cannot be posted on-line.

Listing courtesy of BRIGHT / VRA Realty

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# PADE2050080 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1920
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Structure Type:

Twin/Semi-Detached
Architectural Style:

Straight Thru, Traditional
Building Units Total:

2
Accessibility Features:

None
Foundation Details:

Stone
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2048

Interior

Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2048
Living Area SqFt:

2,048 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Negotiable

Location

Directions:

From Devon: Business Rt. 30 to center of Wayne. Right onto S Wayne Ave. Fairly quick right onto W Wayne Ave. Property is on left.
Latitude:

40.04163000
Longitude:

-75.39227000

The Property

Property Type:

Multi-Family
Property Sub Type:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.07
Lot Size Source:

Assessor
Lot Size Dimensions:

22.00 x 157.00
Lot Dimensions Source:

Assessor
Lot SqFt:

3,049 Sqft
Zoning:

RESIDENTIAL
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R-10
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

36-06-03961-00
Tax Year:

2023
Tax Lot:

468-000
Tax Annual Amount:

$7,932
Tax Assessed Value:

$399,400
Year Assessed:

2023
School Tax:

5781.0
County Tax:

1197.00
City/Town Tax:

953.00
Total Taxes Pymnt Freq:

Annually

The Listing

Transaction Broker Compensation:

1
Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Hot Water
Heating Fuel:

Natural Gas

Utilities

Sewer Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

Elementary School:

Wayne
Middle School:

Radnor
High School:

RADNOR
School District Name:

Radnor Township
School District Source:

3rd Party

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Two Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/26/24 Apr 26, 2024	Pending	BRIGHT	$550,000
7/19/23 Jul 19, 2023	Listed / Active	BRIGHT	$550,000

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This multifamily located in PA 19087 is currently pending sale for $550,000. 206 W Wayne Avenue is a 2,048 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Radnor Middle School, Wayne Elementary School, and Radnor High School.

Listing Courtesy of: BRIGHT and VRA Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.