$550,000
●
House -
In Contract
206 W WAYNE AVE
WAYNE, PA 19087
4 Beds
2 Baths
2048 Sqft
$2,701
Estimated Monthly
$0
HOA / Fees
About This Property
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.
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.
Unit Size
2,048Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$269
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
Listed By
Last updated: 3 days ago (Bright MLS #PADE2055736)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 26, 2024 | In contract | - | |
In contract | |||
Oct 14, 2023 | Listed by VRA Realty | $550,000 | |
Listed by VRA Realty | |||
Jul 19, 2023 | Listed by VRA Realty | $550,000 | |
Listed by VRA Realty | |||
|
|||
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…
|
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Bedroom Information
Bedrooms on 1st Upper Level: 2
Bedrooms on Main Level: 2
Bathroom Information
Full Bathrooms on 1st Upper Level: 1
Interior Information
Living Area Square Feet Source: Estimated
Basement Information
Has Basement
Full
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Twin/Semi-Detached
Construction Materials: Stucco
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 22.00 x 157.00
Lot Size Source: Estimated
Land Information
Land Assessed Value: $399,400
Above Grade Information
Finished Square Feet: 2048
Finished Square Feet Source: Estimated
Financial Details
County Tax: $1,197
County Tax Payment Frequency: Annually
City Town Tax: $912
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $399,400
Tax Year: 2023
Tax Annual Amount: $7,670
Year Assessed: 2023
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
2
Baths
2,048 ft²
$275/ft²
$563,000
Aug 3, 2023
$563,000
Oct 10, 2023
-
Condo
3
Beds
3
Baths
2,129 ft²
$294/ft²
$625,000
May 5, 2023
$625,000
Jul 26, 2023
-
Townhouse
3
Beds
4
Baths
1,440 ft²
$384/ft²
$553,000
Oct 8, 2023
$553,000
Nov 29, 2023
$375/mo
Townhouse
3
Beds
3
Baths
1,440 ft²
$347/ft²
$500,000
Jun 8, 2023
$500,000
Jul 26, 2023
$370/mo
Condo
3
Beds
3
Baths
2,570 ft²
$241/ft²
$620,000
Mar 26, 2021
$620,000
May 14, 2021
-
In Contract
Condo
2
Beds
3
Baths
2,025 ft²
$290/ft²
$587,500
Sep 19, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
206 West Wayne Avenue
206 West Wayne Avenue, Wayne, PA 19087
- 2 Units for Sale