$450,000
 $2,416 est/mo Sourced by Back At You

5302 Wayne Ave,PHILADELPHIA, PA 19144

PHILADELPHIA, PA 19144

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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.

Details

MLS #PAPH2613416
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract-bright
Year1890
Days On Site160
Listing Provided ByCompass Pennsylvania, LLC | David W Feldman

Features

SQ Feet3,291
Story(s)3
Units4
ZoningRTA1
Acreage0.06

Interior

CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingBaseboard - Electric

Exterior

Construction MaterialsMasonry
Foundation DetailsOther

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2406

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19144
Area19144 (19144)
Community NameGERMANTOWN (WEST)
School DistrictPHILADELPHIA CITY
Listing VS Median (in GERMANTOWN (WEST))
Price:
$450,000
low | high
Med:
$184,950
100% of Average
sqft:
3,291
low | high
Med:
1,130
100% of Average
$ / sqft:
$137
low | high
Med:
$168
27.035793269231% of Average
On site:
160
low | high
Med:
53
100% of Average
Sourced by Back At You

Market Activity 19144

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Contact

Learn More About This Property

JoAnn Maroney

JoAnn Maroney

Class Harlan Real Estate

 (215) 601-6046jmaroney@voicenet.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19144
Area19144 (19144)
Community NameGERMANTOWN (WEST)
School DistrictPHILADELPHIA CITY
Listing VS Median (in GERMANTOWN (WEST))
Price:
$450,000
low | high
Med:
$184,950
100% of Average
sqft:
3,291
low | high
Med:
1,130
100% of Average
$ / sqft:
$137
low | high
Med:
$168
27.035793269231% of Average
On site:
160
low | high
Med:
53
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $337K - $562K
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
234 W QUEEN LN Property Photo 1
$350,000
234 W Queen Ln
Philadelphia, PA 19144
Listing Updated: October 4, 2026 at 1:33:44 PM PDT