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Second-Floor Residential Income Property
For Sale
$318,000

500 E LANCASTER AVENUE Unit 105C, Wayne, PA 19087

Bright second-floor condo with hardwood floors, private storage, laundry facilities, and separately deeded garage parking.

Property Size850 SF
Days on Market94

Property Features for 500 E LANCASTER AVENUE Unit 105C

General Information

Standard status Active
Size 850 SF
Property subtype Unit/Flat/Apartment

Taxes and HOA fees

Annual Taxes $5,204

Building Details

Building Size 850 SF
Year Built 1951
Listing Agency: BHHS Fox & Roach Wayne-Devon
Listed By: Lynise Caruso · License #RS291191
Source: Mainlinekw
Added: Jun 1 Changed: Aug 31 Last Checked: Sep 2 at 12:55AM

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 Wayne-Devon

Investment Insights

Based on property information with market context.

This second-floor residential income property offers a two-bedroom, one-bathroom condominium layout with hardwood flooring, abundant natural light, coat and storage closets, and an eat-in kitchen. The dining and living area includes dentil crown molding and a wood-burning fireplace. Two bedrooms are accompanied by a full hall bathroom with a shower/tub combination and vanity storage. A private basement provides utility space, laundry facilities, and additional storage, while a separately deeded garage parking spot is included.

The property is within the Saint David's Park community and the Radnor school district. Access to Route 476 and the Saint David's train station supports regional commuting, while downtown Wayne and shopping and dining along Lancaster Avenue are nearby.

Key Highlights

  • Two‑bedroom, one‑bathroom second‑floor condo
  • Hardwood floors, dentil crown molding, and wood‑burning fireplace
  • Private basement with utilities, laundry, and extra storage

Property Analytics

Current Use

Brandywine Creek Software (Bike/Boat/Book/etc) Store Pete's Express Car ... Car Wash Whizzle Cheesesteak Food ... Take-out & Catering Sun Acupuncture Medical Clinic

Suggested Use

Top Pick Electrical Service Storage Facility Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store

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

829
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 - Bright second-floor condo with hardwood floors, private storage, laundry facilities, and separately deeded garage parking.
Where is this residential income property located?
The property is located at 500 E LANCASTER AVENUE Unit 105C Wayne, PA.
What is the asking price?
The asking price for this property is $318,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom second‑floor condo; Hardwood floors, dentil crown molding, and wood‑burning fireplace; Private basement with utilities, laundry, and extra storage
More about this property
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