ReneeSlattery
BEDS0
BATHS
SQUARE FEET3,291
MLS#PAPH2613416
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGERMANTOWN (WEST)
SCHOOLPHILADELPHIA CITY
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.06 Acres
Taxes: $2,406
Year Built: 1890
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 1
Exterior: Masonry
Lot Dimensions: 0.06 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Studio Efficiency Units: 1
Two Bedroom Units: 1
Units: 4
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015
Shown By
Agent Name: Renee Slattery
Agent Phone: (267) 249-9106
Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Estimate Your Payment
Estimated Payment
$ 1,333.25 per month $1,001.50 Principal & Interest $200.50 Property Tax $131.25 Homeowner's InsuranceChange Payment Information
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5302 Wayne Avenue | MLS# PAPH2613416
This multi-family property located at 5302 Wayne Avenue , Philadelphia, PA 19144 is currently listed for sale with an asking price of $450,000. Wayne Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on rslattery.reexcelpros.com today.