Pending
206 W Ave
Wayne PA, 19087
$550,000
$268.55 per sqft
Pending
4 Beds
2 Baths
2,048 sqft
Multi-family
Built in 1920
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.
PADE2055736
MLSⓇ ID
May 9, 2024
Updated
Map
206 W Ave
Wayne PA, 19087
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
2
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Hot Water, Natural Gas
Exterior/Building Features
Lot Size
0.07 Acres
Architectual Style
Straight Thru, Traditional
Sewer
Public Sewer
School Information
School District
RADNOR TOWNSHIP
High School
RADNOR
Elementary School
WAYNE
Other Property Details
Area Name
RADNOR TWP
Taxes
$7,670
Tax Frequency
Annually
Days on Market
196
Garage
No
Parking
On Street
View
No
County
DELAWARE
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listed by Steven C Mashura, with VRA Realty
Listing Contact: 4847163570
The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 5:51 AM UTC