Waynesboro, PA 17268,210 WAYNE AVENUE AVE
Waynesboro, PA 17268,210 WAYNE AVENUE AVE
Waynesboro, PA 17268,210 WAYNE AVENUE AVE
Waynesboro, PA 17268,210 WAYNE AVENUE AVE
Waynesboro, PA 17268,210 WAYNE AVENUE AVE
Waynesboro, PA 17268,210 WAYNE AVENUE AVE
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$185,000

$197,500

6.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

2,070 SqFt


SOLD DATE : 05/15/2024

Key Details

Sold Price $185,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,070 sqft

Price per Sqft $89

Subdivision None Available

MLS Listing ID PAFL2018112

Sold Date 05/15/24

Style Colonial

Bedrooms 4

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 2,070

Originating Board BRIGHT

Year Built 1937

Annual Tax Amount $1,376

Tax Year 2022

Lot Size 3,485 Sqft

Acres 0.08

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.

Location

State PA

County Franklin

Area 1-1 (1-1)

Zoning R008

Rooms

Basement Full

Interior

Interior Features Attic, Breakfast Area, Floor Plan - Traditional

Hot Water Electric, Oil

Heating Baseboard - Hot Water, Baseboard - Electric

Cooling Window Unit(s)

Flooring Carpet, Ceramic Tile, Hardwood, Vinyl

Fireplace N

Heat Source Other

Exterior

Utilities Available Cable TV, Electric Available, Phone Available, Sewer Available, Water Available

Waterfront N

Water Access N

Roof Type Metal

Accessibility 2+ Access Exits

Parking Type On Street

Garage N

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Paneled Walls,Plaster Walls

New Construction N

Schools

High Schools Waynesboro Area Senior

School District Waynesboro Area

Others

Pets Allowed N

Senior Community No

Tax ID 25-5B57.-064.-000000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA, USDA, VA

Listing Terms Cash, Conventional, FHA, USDA, VA

Financing Cash,Conventional,FHA,USDA,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Adam Druck • Inch & Co. Real Estate, LLC
Bought with Kimberly M Mills • Coldwell Banker Realty
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