5028 Wayne AvePhiladelphia, PA 19144
- Mixed-use properties
- 0.02 AC
Property Details for 5028 Wayne Ave
- Year built
- 1900
- Lot size
- 0.02 AC
- Property type
- Mixed-use properties
Description
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.
Location Insight
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Latitude
- 40.0257
- Longitude
- -75.1685
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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