5322 Wayne Avenue
Philadelphia, PA 19144
- – beds
- – baths
- 2,648 sqft
- 2,655 sqft lot
- $150 per sqft
- 1890 build
Presenting an exceptional opportunity in Germantown—this expansive triplex offers the ultimate in house hacking potential. This classic twin home features three generously sized 2-bedroom, 1-bath units, each thoughtfully designed to maximize comfort and functionality. Additionally, a bonus studio unit, complete with a full kitchen and bath, provides an ideal space for a caretaker or guests, enhancing the property's versatility. The building is currently generating $44,400 in rent and the bonus space was previously rented for $400/month. Upon entering, you'll be greeted by a stately foyer that leads to well-appointed living spaces. While the property has undergone recent renovations and upgrades, it presents a unique opportunity for new owners to apply their finishing touches. For the savvy buyer, this property offers the chance to generate significant income and offset mortgage costs. Investors will appreciate the potential to add a fully rented asset to their portfolio in a highly desirable location. This is more than just a property; it’s a strategic investment in your future. Seize the opportunity to acquire a versatile, income-generating residence in one of Germantown's sought-after neighborhoods.
Last checked:
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Last updated Oct 17, 2024
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MLS# PAPH2388770 —
The Building
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Year Built:1890
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Year Built Source:Assessor
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Year Major Reno/Remodel:2020
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New Construction:No
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Construction Materials:Masonry
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Structure Type:Twin/Semi-Detached
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Architectural Style:Traditional
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Building Units Total:3
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2648
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2648
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Living Area SqFt:2,648 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Immediate
Location
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Directions:Use GPS
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Latitude:40.02838516
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Longitude:-75.17362213
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:26.00 x 103.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,655 Sqft
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Exclusions:TENANT PROPERTY
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Zoning:RTA1
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Other Structures:Above Grade, Below Grade
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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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Land Use Code:N50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 625-7568
- Office phone:
- (215) 646-2900
Taxes
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Tax ID Number:124115900
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Tax Year:2024
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Tax Lot:161
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Tax Annual Amount:$3,345
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Tax Assessed Value:$239,000
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Year Assessed:2024
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School Tax:1873.0
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City/Town Tax:1472.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Cap Rate:8.70
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Two Bedroom Units:3
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/29/24
Aug 29, 2024
|
Listed / Active | BRIGHT | $399,000 |
