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206 W Wayne Avenue,  Wayne PA, 19087

(Pending)
$550,000
|
4 beds, 2 Full baths, 2,048 sqft
|
MLS# PADE2055736
Last Updated: 4/29/2024 8:17 AM
Description for 206 W Wayne Avenue Wayne, PA 19087
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.
Price
$550,000
NONE AVAILABLE
DELAWARE
4
2 Full
2,048 (approx)
PADE2055736
Pending
Description
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 Information
Property Type: Single Family, Duplex, Multi-Family, Traditional, 2 Story
4 2 Full
0.07 Acres 2,048 (approx) 1920
2 Stucco
NONE AVAILABLE
Public
Public Sewer
Neighborhood
School Information
District: RADNOR TOWNSHIP
WAYNE RADNOR RADNOR
Room Information
Bathrooms
2
Interior Features
2,048 Sq. Ft. Above Ground
Window Unit(s)
Gas Heat, Hot Water
Full
Exterior / Lot Features
On Street
Stucco
22.00 x 157.00
Driving 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.
Financial Considerations
36-06-03961-00
$7,670
Listing Price History

Wayne Real Estate

Wayne is located in Pennsylvania. Wayne, Pennsylvania 19087 has a population of 6,925.

The median household income in Wayne, Pennsylvania 19087 is $144,285. The median household income for the surrounding county is $103,675 compared to the national median of $66,222. The median age of people living in Wayne 19087 is 42 years.

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Courtesy: VRA Realty
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 4/29/2024 8:17 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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