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

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