5302 Wayne Avenue, Philadelphia, PA 19144Asking Price of: $450,000

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Primary property photo for 5302 Wayne Avenue

View full listing details at http://www.homesale.com/lid=186443757

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.

Property Details

Address: 5302 Wayne Avenue, Philadelphia, PA 19144
Bedrooms: 0
Subdivision: GERMANTOWN (WEST)
Area: PHILADELPHIA
School District: PHILADELPHIA CITY
MLS ID: PAPH2616850
Status: ACTIVE

Property School Information

School District: PHILADELPHIA CITY

Property Features

Taxes: $2,406
Exterior: Masonry,Vinyl Siding
Lot Size: 0.06 Acres
Lot Dimensions: 0.06 Acre(S)
Heating: Baseboard - Electric
Fuel Type: Electric
Cooling: Window Unit(s)
Year Built: 1890
Water: Public
Sewer: Public Sewer
Units: 6
Municipality: PHILADELPHIA
Location Description: Urban
Total Garage/Parking Spaces: 0

Property information as of Monday, May 25, 2026 at 9:35 AM America/New_York

Listed By

Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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