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Residential Income Property with Garage
For Sale
$1,399,000

427 E LANCASTER AVENUE Unit 1101, Wayne, PA 19087

Single-level residence with designer finishes, a private balcony, and deeded garage parking.

Property Size1,882 SF
Price / SF$743.36
Days on Market10

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

Units

Multifamily Units 1
Parking per Unit 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,894

Amenities

fitness center
dog run
community garden
guest parking

Building Details

Building Size 1,882 SF
Year Built 2022
Stories 4
Listing Agency: Compass Pennsylvania, LLC
Listed By: Karen Strid · License #RS325403
Source: Lizclarkrealestate
Added: Aug 14 Changed: Aug 21 Last Checked: Aug 23 at 8:52AM

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

Investment Insights

Based on property information with market context.

Completed in 2022, this 1,882-square-foot single-level residence combines an open living arrangement with high-end interior finishes. The kitchen includes designer cabinetry, quartz counters, floating shelves, and a full-height tile backsplash, while floor-to-ceiling windows bring natural light into the kitchen, living room, and dining area. The home includes two ensuite bedrooms, a primary bath with radiant heated floors, a private balcony, organized closets, updated bedroom carpeting, and a finished laundry room with added cabinetry.

The residence is part of Wayne 427, a boutique community comprising two four-story buildings and 22 residences. Property amenities include a staffed-style lobby, fitness center, secure electric-entry parking garage, dog run, guest parking, community garden, and private storage. This unit conveys with two deeded parking spaces and is located steps from the Wayne train station, downtown dining, coffee shops, and retail. The property is within the Radnor School District and offers access to Villanova and other Main Line communities.

Key Highlights

  • 1,882 SF single‑level residence completed in 2022
  • Two ensuite bedrooms with customized closets and private baths
  • Kitchen with quartz countertops, designer cabinetry, floating shelves, and full‑height tile backsplash

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

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Single-level residence with designer finishes, a private balcony, and deeded garage parking.
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 $1,399,000.
What are key features of this property?
This property features: 1,882 SF single‑level residence completed in 2022; Two ensuite bedrooms with customized closets and private baths; Kitchen with quartz countertops, designer cabinetry, floating shelves, and full‑height tile backsplash
More about this property
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