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Corner-Unit Residential Income Property
For Sale
Contact for pricing
Pending

427 Lancaster #B-201, Wayne, PA 19087

Two-bedroom home with private covered terraces and open living, dining, and kitchen areas.

Property SizeContact for details
Days on Market141

Property Features for 427 Lancaster #B-201

General Information

Standard status Pending
Elevators Yes
Property subtype Multifamily

Site & Location

Road Access Yes
Public Transit Yes

Units

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

Amenities

green roof garden
pet-friendly park
gym
meeting room
mail/package room
keyless entry
storage lockers
landscaping
snow removal
Listing Agency: BHHS Fox & Roach Gladwyne
Listed By: Michael Gutkind · License #PA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:44PM

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 Gladwyne

Investment Insights

Based on property information with market context.

This brand-new corner residence is arranged with two bedrooms, two full bathrooms, and a powder room. Floor-to-ceiling windows bring natural light into the open great room, which connects the living, dining, and kitchen areas. Interior details include 9+ foot ceilings, hardwood and carpeted flooring, custom millwork, a fireplace, recessed and decorative lighting, generous closets, and a dedicated laundry room. The kitchen features custom cabinetry, sleek countertops, premium appliances, and a center island with seating. The primary bath includes double sinks, a soaking tub, and a separate glass-enclosed shower.

The condominium community includes two buildings with 11 homes each and four residences per floor. Shared amenities and services include a green roof garden, pet-friendly park, gym, meeting room, mail and package room, custom-fitted elevators, keyless entry, underground parking, individual storage lockers, energy-efficient systems, emergency maintenance, landscaping, and snow removal. The property is a short walk from Historic Wayne, shopping, dining, parks, Radnor schools, and the train to Center City.

Key Highlights

  • Brand‑new corner residence with floor‑to‑ceiling windows
  • Two bedrooms, 2 full baths, and 1 powder room
  • Private covered terraces and open‑concept great room

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
Paved road 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
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom home with private covered terraces and open living, dining, and kitchen areas.
Where is this residential income property located?
The property is located at 427 Lancaster #B-201 Wayne, PA.
What are key features of this property?
This property features: Brand‑new corner residence with floor‑to‑ceiling windows; Two bedrooms, 2 full baths, and 1 powder room; Private covered terraces and open‑concept great room
More about this property
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