$ 450,000
-
$450,000
Price -
4
Bed -
0
Bath -
3,291
SqFt
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About the Listing COMPASS1 - 3158589,3160905
Fantastic value add investment opportunity in the heart of West Germantown, close to Chelten Avenue corridor and Wayne Junction, with extensive transit access. Steadily growing commercial corridor with tremendous upside opportunity. Currently ready to deliver vacant, was recently rented with total annual rental income of $90,000, approximately 15% CAP RATE Includes two storefronts, most recently used as office space in one ($1200), and ice cream store ($950) in the other. Four residential units with partial updates including (with last rents) one 2 bedroom ($2100), two1 bedroom units ($1900 and $750) and one efficiency ($600). All electric heating and hot water, separately metered. Bright units with north, south and east exposures across three floors in converted Victorian grand home. Most recent rentals had city rental licenses.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
PAPH2613416
Year Built
1890
Total Square Footage
3,291
Lot/Acreage
0.06
County
Philadelphia
Neighborhood
Germantown (West)
Area
19144 (19144)
School District
Philadelphia City
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3291
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 26.00 x 107.00
- Zoning: RTA1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,406
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
5302 Wayne Ave Philadelphia, PA 19144
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