5302 WAYNE AVE, Philadelphia, PA 19144
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5302 WAYNE AVE, Philadelphia, PA 19144
5302 WAYNE AVE, Philadelphia, PA 19144
5302 WAYNE AVE, Philadelphia, PA 19144
5302 WAYNE AVE, Philadelphia, PA 19144
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Listed by David Feldman • Compass Pennsylvania, LLC
$ 450,000
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5302 WAYNE AVE Philadelphia, PA 19144

3,291 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,291 sqft

Price per Sqft $136

Subdivision Germantown (West)

MLS Listing ID PAPH2613416

Style Other

Abv Grd Liv Area 3,291

Year Built 1890

Annual Tax Amount $2,406

Tax Year 2025

Lot Size 2,782 Sqft

Acres 0.06

Lot Dimensions 26.00 x 107.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning RTA1

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 3291

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871518640

Ownership Fee Simple

SqFt Source 3291

Special Listing Condition Standard


Bright MLS (BMLS)

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5302 WAYNE AVE