5302 WAYNE AVE, Philadelphia, PA 19144
5302 WAYNE AVE, Philadelphia, PA 19144
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
Est. payment | /mo

2,782 Sqft Lot


Save
$ 450,000
Est. payment | /mo
Save

2,782 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Germantown (West)

MLS Listing ID PAPH2616850

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 Mixed Use

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)

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871518640

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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5302 WAYNE AVE