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Residential Income Property with Balcony
For Sale
$1,299,000

427 E LANCASTER AVENUE Unit 1101, Wayne, PA 19087

The 1,882-square-foot residence includes two bedrooms, two full baths, a powder room, and two deeded garage spaces.

Property Size1,882 SF
Price / SF$690.22
Days on Market76

Property Features for 427 E LANCASTER AVENUE Unit 1101

General Information

Standard status Active
Size 1,882 SF
Total Parking Spaces 2
Property subtype Unit/Flat/Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,894

Amenities

fitness center
private storage unit
dog run
guest parking
community garden

Building Details

Building Size 1,882 SF
Year Built 2022
Stories 4
Listing Agency: Compass Pennsylvania, LLC
Listed By: Karen Strid · License #RS325403
Source: Desantis-realestate
Added: Aug 14 Changed: Oct 27 Last Checked: Oct 27 at 3:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Pennsylvania, LLC

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Investment Insights

Based on property information with market context.

Completed in 2022, this 1,882-square-foot residence has an open living and dining area connected to a kitchen with quartz counters, designer cabinetry, and floating shelves. Floor-to-ceiling windows bring natural light into the main rooms, and glass doors lead to a private balcony. The home includes two bedrooms, each with an ensuite bath, plus a powder room. The primary suite features a walk-in closet and a bath with radiant heated floors, a glass-enclosed marble shower, and dual vanities. Recent interior work includes new bedroom carpeting, closet shelving, kitchen and bath roll-out shelves, and laundry-room cabinetry.

The unit is part of Wayne 427, a two-building, four-story community with 22 residences. Shared facilities include a lobby, fitness center, secure parking garage, dog run, guest parking, and community garden. The residence has two deeded garage spaces and a private storage unit. The property is in the Radnor School District, near Wayne train station, local restaurants and shops, and Villanova and other Main Line towns.

Key Highlights

  • 1,882‑square‑foot residence completed in 2022
  • Two bedrooms, two full baths, and a powder room
  • Private balcony accessed through glass doors

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

Demographics for 19087, PA

33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - The 1,882-square-foot residence includes two bedrooms, two full baths, a powder room, and two deeded garage spaces.
Where is this residential income property located?
The property is located at 427 E LANCASTER AVENUE Unit 1101 Wayne, PA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 1,882‑square‑foot residence completed in 2022; Two bedrooms, two full baths, and a powder room; Private balcony accessed through glass doors
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