5302 WAYNE AVE, Philadelphia, PA 19144
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Linda Novotny

Linda Novotny

+1(610) 750-3170
Listed by Matthew Aragona • Compass Pennsylvania, LLC
$450,000
Est. payment /mo
3,291 SqFt
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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 at over 10% CAP rate. Includes two storefronts, most recently used as office space in one, and ice cream store in the other. Four residential units with partial updates including one 2 bedroom, two1 bedroom units and one efficiency. Bright units with north, south and east exposures across three floors in converted Victorian grand home. -Annual rent of $64,200 is only for residential rent, so CAP rate is higher with storefront rental.

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

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Bright MLS (BMLS)

Nearby School & Business

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Linda Novotny

Linda Novotny

+1(610) 750-3170

Agent | License ID: RS286288

Agent License ID: RS286288

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