Property Attributes
- MLS#PAFL2018112
- TypePending
- CountyFRANKLIN
- CityWaynesboro
- Area1-1
- Zip17268
- StyleColonial
- Year Built1937
- Taxes$ 1376
- Price$ 197,500
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2070
- Lot Size3,485 SqFt
Data Source:
Bright MLS
Property Description
Welcome to 210 Wayne Ave, a remarkable 2-unit duplex nestled in an enviable location in Waynesboro, offering panoramic views of the charming town below. This vacant property is primed for immediate re-leasing, promising an attractive estimated rent of $1,300 per month for each unit. Boasting a true duplex design, all utilities, including water and sewer, are separately metered, ensuring tenants cover all utility expenses, enhancing the appeal for potential investors. The property is turn-key, ready to welcome tenants and start generating income without delay. An accompanying profit report reveals an impressive 10.2% Cap rate and a 14.4% cash on cash return, assuming conventional financing with 25% down, accounting for management fees, vacancy rates, taxes, insurance, and capital expenditures. For those considering self-management, the potential for increased cash flow is significant. An enticing aspect of this property is the opportunity for 'house hacking': living in one unit while renting the other could dramatically reduce living expenses, offering financial freedom and an investment in your future. Detailed projections for this scenario are available in a second report included with the listing. Flexible financing options are available, including FHA and USDA 0% down financing, making this an accessible investment for a wide range of buyers. Don't miss the chance to own this exceptional property, where convenience, potential, and financial savvy meet.
High School |
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Waynesboro Area Senior High School |
Price History | |
---|---|
1/31/2024 | Listed $204,900 |
3/8/2024 | 4% - $197,500 |
General Features
Interior Features | Attic,Breakfast Area,Floor Plan - Traditional |
---|---|
Sewer | Public Sewer |
Heating | Baseboard - Hot Water,Baseboard - Electric |
Cooling | Window Unit(s) |
Utilities | Cable TV,Electric Available,Phone Available,Sewer Available,Water Available |
Possession | Settlement |
Roof | Metal |
Zoning | R008 |
Pool Y/N | No Pool |
Architectural Style | Colonial |
Construction Materials | Other,Vinyl Siding |
Exclusions | washer and dryer,table in kitchen |
Year Built | 1937 |
Levels | 2 |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | 2+ Access Exits |
County | FRANKLIN |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Subdivision Name | NONE AVAILABLE |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | PENDING |
Directions | Continue onto PA-16 W/Buchanan Trail E,Pass by McDonald's (on the left in 7.2 mi),Continue on N Church St. Drive to Wayne Ave,Turn right onto N Church St,Turn left onto W King St,Turn right onto Wayn |
ModificationTimestamp | 2024-04-02T09:07:13 |
City | WAYNESBORO |
Buyer Agent Compensation | 2.5 |
Senior Community Y/N | No |
MLS Area | 1-1 (1-1) |
Lot Size Square Feet | 3485.00 |
Tax Assessed Value | 8030.0 |
Waterfront Y/N | No |
Street Name | WAYNE AVENUE |
Tax Annual Amount | 1376.0 |
Home Warranty Y/N | No |
Structure Type | Detached |
Condo/Coop Association Y/N | No |
Bathrooms Full Main Level | 2 |
Bathrooms Count Main Level | 2.00 |
Price Per Sq Ft | 95.41 |
Acceptable Financing | Cash,Conventional,FHA,USDA,VA |
Vacation Rental Y/N | No |
Total SQFT | 2670 |
Days on Market | 31 |
Standard Status | Pending |
Year Built Source | Estimated |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Other |
---|---|
Basement | Full |
Flooring | Carpet,Ceramic Tile,Hardwood,Vinyl |
Hot Water | Electric,Oil |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 2070 |
Full Baths | 2 |
Street Suffix | AVENUE |
Central Air Y/N | No |
Total Bedrooms | 4 |
Below Grade Finished Area Unit Type | Square Feet |
LivingAreaSource | Estimated |
Below Grade Unfin Area Units | Square Feet |
Below Grade Unfin SQFT | 600 |
Below Grade Unfin SQFT Source | Estimated |
Below Grade Finished Area Source | Estimated |
Bedrooms Count All Upper Levels | 4 |
Bedrooms Count Upper Level 1 | 4 |
Above Grade Finished Area Source | Estimated |
Above Grade Finished Area Unit Type | Square Feet |
Total Baths | 2 |
Exterior Features
Water Source | Public |
---|---|
Inclusions | Refrigerators in both units,stove |
Type of Parking | On Street |
Land Use Code | R |
Foundation Details | Block |
Spa | No |
Water View Y/N | No |
Lot Size Acres | 0.08 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Land Assessed Value | 380.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool