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244 Highland Ave
Wayne, PA 19087
The Cottage · Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.18 AC
Building Size 7,000 SF
No. Stories 2
Year Built/Renovated 1940/2017

ABOUT 244 HIGHLAND AVE , WAYNE, PA 19087

The property is strategically located within one mile of the SEPTA Regional Rail Station (Paoli/Thorndale Line) and provides easy walkability to an abundance of shopping, restaurants/bars and public transportation. Tenants are within a 5-minute drive to major grocery chains including both ACME and Whole Foods. In addition, the Cottages of West Wayne are sandwiched between two beautiful parks. The property backs into Odorisio Park, 25 acres filled with multiple athletic fields, a basketball court, a playground, and three off-street parking lots. Radnor Trail Park is less than 0.2 miles from the property, and provides a beautiful nature trail and picnic area. The Cottages of West Wayne is served well by its proximity to employment centers, shopping and abundant amenities of Cen-ter City Philadelphia and the suburbs of Philadelphia. Its central location within the Philadelphia “Main Line” puts the property within miles of some of the wealthiest communities in the country. The location of the town has made it one of Philadelphia’s most popular suburbs. This asset is an excellent opportunity to buy a renovated building with rental upside in one of Philadelphia’s most exclusive areas.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 3 - -
1+1 5 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-06-03589-00
Land Assessment
$224,580
Improvements Assessment
$682,140
Total Assessment
$906,720
  • Listing ID: 13693762

  • Date on Market: 9/4/2018

  • Last Updated:

  • Address: 244 Highland Ave, Wayne, PA 19087

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