210 Wayne Avenue
210 Wayne Avenue
$197,500
4
2
2,070
2,070
$95
Pending
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...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.
- Listed by Adam Druck • Inch & Co. Real Estate, LLCP: 7174872579 yourrealtoradamd@gmail.com
Property Details for 210 Wayne Avenue
Tax ID Number
25-5B57.-064.-000000
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleColonial
Levels/Stories2
WaterfrontNo
Location
LISTING UPDATED: 04/02/2024 09:07 AM
Property Details for 210 Wayne Avenue
Status | Pending |
---|---|
MLS # | PAFL2018112 |
Days on Market | 31 |
Taxes | $1,376 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1937 |
Lot Size | 0.08 AC / 3,485 SF |
County | Franklin County |
Location
Building Information for 210 Wayne Avenue
Stories2Year Built1937Building Size-Lot Size0.08 AC / 3,485 SF
Payment Calculator
$1,193 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 210 Wayne Avenue
Property History for 210 Wayne Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 210 Wayne Avenue
Taxable ValueLand$380Additions$8,930Total$9,310
Tax Record2024$1,645 ($137 / month)
Home Facts
Total Finished SqFt1,436 SqFtAbove Grade Finished SqFt1,436 SqFtStories2Lot Size3,485 SqFtStyleSingle Family ResidenceCountyFRANKLINAPN25-5B57-64
Schools near 210 Wayne Avenue
This home is within Waynesboro Area School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Fairview Avenue El School PublicK to 5 | ||
Waynesboro Area Middle School Public6 to 8 | ||
Waynesboro Area Senior High School Public9 to 12 | ||
Summitview El School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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