For Sale
$199,000

5028 Wayne Ave Philadelphia, PA 19144

Prime Germantown Mixed-Use Property

Overview

Added:
Feb 3
Days on market:
80
This exceptional mixed-use property, located at 5028 Wayne Avenue in Philadelphia, Pennsylvania, presents a compelling investment opportunity. Situated on a 0.02-acre lot, this CMX 2.5 zoned building currently operates as a two-unit apartment complex. The first-floor unit, a one-bedroom apartment with a basement and private rear yard access, is currently vacant and requires updating or renovation. The second-floor unit, also a one-bedroom with an eat-in kitchen, underwent a complete renovation in 2024 and is currently rented for $995.00 per month. All utilities (heat, hot water, and electric) are separately metered for each unit, offering efficiency and potential for increased rental income. The property's convenient and versatile location in Southwest Germantown adds to its appeal. This property is being offered at $199,000. A 24-hour notice is required for all showings. The property is ready for an investor to add value through renovations and capitalize on the strong rental market. This is an excellent opportunity to acquire a mixed-use property in a desirable Philadelphia neighborhood.

Property Details for 5028 Wayne Ave

Property type
Mixed-use properties
Year Built
1900
Lot Size (sq. ft)
871 SF

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.02565
Longitude
-75.16851

FAQs

What type of property is this?
Mixed-use property - Prime Germantown Mixed-Use Property
Where is the mixed-use property located?
The property is located at 5028 Wayne Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $199,000.
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5028 Wayne Ave
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