206 W Wayne Ave, Wayne, PA 19087

$550,000
2,048
SqFt
List Price
$550,000
Days on Market
283
Status
PENDING
MLS#
PADE2050080
Living Area
2,048
Lot Size (Acres)
0.07
Style
Straight Thru, Traditional
Year Built
1920
County
Delaware
School District
Radnor Township

Property 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.

Additional Information

Area
Radnor Twp (10436)
Taxes
$7932
School District
Radnor Township
Elementary School
Wayne
Middle School
Radnor
High School
Radnor
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of VRA Realty. Contact: (484) 800-1777

board logo

© 2024 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is 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.