5139 Wayne Avenue
Philadelphia, PA 19144
- – beds
- – baths
- – sqft
- 12,547 sqft lot
Select Commercial Advisors is pleased to present the opportunity to acquire and develop a multifamily residential 4-story elevator-serviced building with a green roof featuring +/- 34,500 square feet across 48 apartment units. The project will be delivered with a fully approved set of zoning and building permits. The site received the full 10-year Tax Abatement in 2021, meaning that the value of improvements is 100% abated for 10 years after construction. With expertly value-engineered plans, the project offers attractive unit layouts in a cost-effective design. As the Germantown/Wayne-Junction rental real estate market flourishes, take advantage of an entitled development opportunity in one of the city’s most dynamic neighborhoods! Inquire for detailed offering memorandum and permit set.
Listing courtesy of BRIGHT / Select Commercial Advisors
Last checked:
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Last updated Nov 12, 2024
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MLS# PAPH2418608 —
The Building
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Building Sites:1
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:Google Maps
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Cross Street:Hansberry St
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Latitude:40.02708817
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Longitude:-75.17022705
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Vacant, Land/Lot Only
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Lot Size Units:Square Feet
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Lot Size Acres:0.29
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Lot Size Source:Estimated
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Lot Size Dimensions:70.00 x 175.00
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Lot Dimensions Source:Assessor
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Lot SqFt:12,547 Sqft
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Additional Parcels:No
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Zoning:RM1
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Zoning Description:Fully entitled for 48 residential units
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Land Use Code:A51
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 315-3326
- Office phone:
- (215) 315-3326
Taxes
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Tax ID Number:123215100
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Tax Year:2024
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Tax Lot:-266
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Tax Annual Amount:$1,153
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Tax Assessed Value:$82,400
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Year Assessed:2024
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School Tax:645.0
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City/Town Tax:507.00
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Sewer
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Association Recreation Fee:No
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/12/24
Nov 12, 2024
|
Listed / Active | BRIGHT | $1,095,000 |