$550,000

206 W Wayne Ave, Wayne, PA, 19087

2,048

Square feet

0.07

Acres

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.

Facts & Features

MLS® # PADE2050080
Price $550,000
Bathrooms 0.00
Square Footage 2,048
Acres 0.07
Year Built 1920
Type Multi-Family
Sub-Type Duplex, Twin/Semi-Detached
Style Straight Thru, Traditional
Status Pending

Community Information

Address 206 W Wayne Ave
Area Radnor Twp (10436)
City Wayne
County DELAWARE-PA
State PA
Municipality RADNOR TWP
Zip Code 19087
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Hot Water
Cooling Window Unit(s)
Has Basement No
Fireplace No

Exterior

Exterior Stucco
Foundation Stone

School Information

District RADNOR TOWNSHIP
Elementary WAYNE
Middle RADNOR
High RADNOR

Additional Information

Date Listed July 19th, 2023
Days on Market 283
Zoning RESIDENTIAL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVRA Realty
Contact Info(484) 800-1777

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?