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Welcome to 4190 Wayne Avenue, a recently renovated duplex and an Excellent Investment Opportunity! Cap Rate is about 14% assuming long-term tenants at market rent. Conveniently located a few blocks from Wayne Junction station, while also being a short walk to the Broad St line subway, a quick drive to Temple University Hospital/Medical School and just a few minutes from I-76. This home is currently set up as 2 1-bedroom units. Each Unit has been updated and features a kitchen, full bathroom and a large bedroom.
There is an unfinished basement space for storage, a fenced-in backyard with a patio area and new flooring throughout. This home was previously being used as an AirBNB and could easily serve as a long-term rental for an investor looking to add a high cash flowing property to their portfolio.
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 27th March, 2023 7:49 PM (UTC)