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Residential Income Property with Terraces
For Sale
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Pending

427 Lancaster #B-203, Wayne, PA 19087

Corner condominium residence with three bedrooms, private covered terraces, high-end finishes, and access to shared building amenities.

Property SizeContact for details
Days on Market145

Property Features for 427 Lancaster #B-203

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: BHHS Fox & Roach Gladwyne
Listed By: Michael Gutkind · License #PA
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 10:36AM

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 newly constructed residential income property is a corner condominium residence with three bedrooms, two full baths, and one powder room. The home centers on an open living, dining, and kitchen arrangement with floor-to-ceiling windows, 9+ foot ceilings, hardwood and carpeted flooring, custom millwork, a fireplace, recessed and decorative lighting, generous closets, and a dedicated laundry room. Private covered terraces extend the living space outdoors. The kitchen includes custom cabinetry, sleek countertops, high-quality appliances, and a seating island. The primary bath features double sinks, a soaking tub, and a separate frameless-glass shower.

The residence is part of a two-building condominium community containing 11 homes per building, with four units on each floor. Community features include a green roof garden, pet-friendly park, underground parking garage, individual storage lockers, elevators, keyless entry, gym, meeting room, and mail/package room. Landscaping, snow removal, and 24/7 emergency maintenance are included among the building services. The property is located at 427 Lancaster in Wayne, within walking distance of Historic Wayne, shopping, dining, parks, Radnor schools, and the train to Center City.

Key Highlights

  • 3‑bedroom, 2‑bath residence with 1 powder room
  • Private covered terraces and floor‑to‑ceiling windows
  • Open living, dining, and kitchen layout with 9+ foot ceilings

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.

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Corner condominium residence with three bedrooms, private covered terraces, high-end finishes, and access to shared building amenities.
Where is this residential income property located?
The property is located at 427 Lancaster #B-203 Wayne, PA.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath residence with 1 powder room; Private covered terraces and floor‑to‑ceiling windows; Open living, dining, and kitchen layout with 9+ foot ceilings
More about this property
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