5302 WAYNE Ave, Philadelphia, PA 19144

Sqft
3,291

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCompass RE
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Overview

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

Full feature list

Basic info

Property type
Other residential
Square feet
3,291
Lot size (acres)
0.06
Year built
1890

Utilities

Heating
Electric
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$2,406

Public schools

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Sourced from: Bright MLS MLS®#: PAPH2613416 Last checked:

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