Search
Top-Floor Residential Income Property
For Sale
$1,575,000

427 E LANCASTER AVENUE Unit 1301, Wayne, PA 19087

Corner residence with custom interiors, private patio, garage parking, and direct access to a state-of-the-art fitness center.

Property Size1,882 SF
Days on Market8

Property Features for 427 E LANCASTER AVENUE Unit 1301

General Information

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

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $15,902

Amenities

gym
dog run
community garden
private patio
storage unit

Building Details

Building Size 1,882 SF
Year Built 2022
Listing Agency: BHHS Fox & Roach-Haverford
Listed By: Randy Myer · License #AB062630L
Source: Lizclarkrealestate
Added: Aug 17 Changed: Aug 21 Last Checked: Aug 23 at 8:21AM

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 BHHS Fox & Roach-Haverford

Investment Insights

Based on property information with market context.

This 2022 residential income property occupies a top-floor corner position in a boutique building and provides over 1,800 square feet of one-floor living. The two-bedroom, two-and-a-half-bath residence includes a living and dining area, custom home office, designer kitchen, private patio, laundry room, and powder room. Interior features include wide-plank oak flooring, built-in cabinetry, a quartz island, Thermador appliances, a 48-bottle wine refrigerator, and custom storage throughout. The primary suite offers a walk-in closet and a bathroom with a double vanity and oversized shower, while the second bedroom has an ensuite bath and motorized shades.

The property includes two garage spaces, a 120-volt outlet, and a separate storage unit. Residents also have access to a dog run, community garden, and fitness center located across the hall. The address is within the Radnor School District, near the St. Davids and Radnor train stations, downtown Wayne, King of Prussia, I-476, and I-76.

Key Highlights

  • Top‑floor corner unit with over 1,800 square feet of living space
  • Two bedrooms and two‑and‑a‑half bathrooms with single‑level layout
  • Private patio with custom flagstone flooring exclusive to this unit

Property Analytics

Current Use

Wayne 427 Condominium Complex Dr. Laura J. ... Pediatrician Dr. S David ... Pediatrician Melissa L. Bradley, ... Physician William Cleveland Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Grocery & Convenience Store Barber Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Corner residence with custom interiors, private patio, garage parking, and direct access to a state-of-the-art fitness center.
Where is this residential income property located?
The property is located at 427 E LANCASTER AVENUE Unit 1301 Wayne, PA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Top‑floor corner unit with over 1,800 square feet of living space; Two bedrooms and two‑and‑a‑half bathrooms with single‑level layout; Private patio with custom flagstone flooring exclusive to this unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message