Philadelphia, PA 19144,5331 WAYNE AVE
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Philadelphia, PA 19144,5331 WAYNE AVE
Philadelphia, PA 19144,5331 WAYNE AVE
Philadelphia, PA 19144,5331 WAYNE AVE
Philadelphia, PA 19144,5331 WAYNE AVE
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Listed by Maria Quattrone • LPT Realty, LLC
$ 395,000
Est. payment /mo
Active

5331 WAYNE AVE Philadelphia, PA 19144

5,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $79

Subdivision Germantown

MLS Listing ID PAPH2547552

Style Dwelling w/Separate Living Area,Unit/Flat

Abv Grd Liv Area 5,000

Year Built 1890

Available Date 2025-10-23

Annual Tax Amount $5,249

Tax Year 2025

Lot Size 2,400 Sqft

Acres 0.06

Lot Dimensions 25.00 x 96.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Discover a rare investment gem in the rapidly developing Germantown neighborhood of Philadelphia. This five-unit multi-family property spanning over 5,000 Sq/Ft presents a unique chance to acquire a fantastic asset with minimal work remaining and can start cash flowing within a couple of months. With zoning approval for an on-site accessory parking space, the property offers added convenience and long-term value to both investors and tenants. Recently renovated with approximately 80% of the work completed, this property requires some additional work to be fully rent-ready—ideal for investors seeking a light rehab project in a high-growth area. Once completed and leased, this property has the potential to become a strong performer in any rental portfolio. The property currently has (4) 1 bed 1 bath units and (1) 2 bed 1 bath unit. Each unit has been updated with laminate floors throughout, brand new kitchens and baths, washers and dryers in each unit, and mini-split systems for heating and cooling. The front and back units on the second floor have decks which provide a great outdoor space really enhancing the marketability for each of those units. All units are powered by electric and have all separate meters making tenant billing and utility management straightforward and cost-effective. The projected monthly income you can expect for the 1 bed 1 bath apartments is about $1,200/month while the 2 bed 1 bath unit can be rented for $1,300/month. Rented under those conditions the property would gross $6,100/month and $73,200/year. This is a fantastic opportunity that can yield a great return on investment with huge upside potential. The property is being sold "As-Is", the seller will not be making any repairs. No city certificate will be provided to the buyer. Conveniently located with a Walk Score of 86, this address offers exceptional accessibility — most errands can be accomplished without a car. The Chelten Avenue Station (Chestnut Hill West Line) is just 11 minutes away, providing an easy commute to Center City Philadelphia. Outdoor enthusiasts will appreciate nearby Kelly Playground, Happy Hollow Recreation Center, and Cloverly Park for recreation and leisure. Whether you're an investor seeking a high-performing multi-unit property, a contractor ready to complete the final touches, or a buyer looking to live in one unit and rent the rest, this Germantown multi-family opportunity delivers space, income, and location all in one package. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning RSA3

Rooms

Basement Full

Interior

Interior Features Bathroom - Tub Shower, Combination Kitchen/Living, Combination Dining/Living

Hot Water Electric

Heating Wall Unit

Cooling Ductless/Mini-Split

Inclusions Refrigerator, Oven Range-Electric, Dishwasher, Built-In Microwave, Washer-Front Loading & Dryer-Front Loading

Equipment Refrigerator, Built-In Microwave, Oven/Range - Electric, Washer - Front Loading, Dryer - Front Loading

Fireplace N

Appliance Refrigerator, Built-In Microwave, Oven/Range - Electric, Washer - Front Loading, Dryer - Front Loading

Heat Source Electric

Exterior

Exterior Feature Porch(es), Deck(s)

Garage Spaces 1.0

Water Access N

View Street

Accessibility 2+ Access Exits

Porch Porch(es), Deck(s)

Total Parking Spaces 1

Garage N

Building

Lot Description Corner

Foundation Other

Above Ground Finished SqFt 5000

Sewer Public Sewer

Water Public

Architectural Style Dwelling w/Separate Living Area, Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 124112500

Ownership Fee Simple

SqFt Source 5000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://view.ricoh360.com/0b909e7c-0e80-4df0-9883-b7937190d001


Bright MLS (BMLS)
SCHOOLSPROPERTIES
Elementary Schools 20
  • 4

    Cook-Wissahickon Elementary School

    Public | KG - 8

  • 4

    Emlen Elementary School

    Public | KG - 5

  • 4

    Wissahickon Charter School

    Public | KG - 8

  • 4

    Mastery Charter School - Francis D. Pastorius Elemen

    Public | KG - 8

  • 4

    Kipp Philadelphia Charter School

    Public | KG - 12

  • 4

    John F. Hartranft School

    Public | PK - 8

  • 4

    Antonia Pantoja Community Charter School

    Public | KG - 8

  • 3

    Jenks Academy for the Arts and Sciences

    Public | KG - 8

  • 3

    Charles W. Henry School

    Public | KG - 8

  • 3

    Henry H. Houston Elementary School

    Public | KG - 8

  • 3

    Thomas Mifflin School

    Public | PK - 8

  • 3

    Imani Educationl Circle Charter School

    Public | KG - 8

  • 3

    Fitler Academics Plus

    Public | 1 - 8

  • 3

    Grover Cleveland Mastery Charter School

    Public | KG - 8

  • 3

    Mastery Charter School - Clymer Elementary

    Public | KG - 8

  • 3

    William Rowen Elementary School

    Public | KG - 5

  • 3

    Pan American Academy Charter School

    Public | KG - 8

  • 2

    Anna Lane Lingelbach School

    Public | KG - 8

  • 2

    Khepera Charter School

    Public | KG - 8

  • 2

    Rhodes Elementary School

    Public | KG - 8

Middle Schools 12
  • 9

    Hill J E/Freedman Samson

    Public | 6 - 9

  • 7

    Amy NW

    Public | 6 - 8

  • 4

    Mastery Charter School-Pickett Campus

    Public | 6 - 12

  • 4

    Esperanza Cyber Charter School

    Public | 6 - 12

  • 3

    Esperanza Academy Charter High School

    Public | 6 - 12

  • 2

    Eastern University Academy Charter School

    Public | 7 - 12

  • 2

    Anna Blakiston Day School

    Public | EE - 8

  • 2

    The Promise Academy at Roberto Clemente Middle School

    Public | 6 - 8

  • 1

    Morris E. Leeds Middle School

    Public | 6 - 8

  • 1

    General Louis Wagner Middle School

    Public | 6 - 8

  • 0

    Wordsworth Academy

    Private | 6 - 12

  • 0

    Wyncote Academy

    Private | 6 - 12

High Schools 20
  • 9

    Central High School

    Public | 9 - 12

  • 6

    Girls High School

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 5

    Multi-Cultural Academy Charter School

    Public | 9 - 12

  • 4

    Parkway Northwest

    Public | 9 - 12

  • 2

    Randolph A. Philip Avt High School

    Public | 9 - 12

  • 1

    Strawberry Mansion High School

    Public | 9 - 12

  • 1

    Dobbins Avt High School

    Public | 9 - 12

  • 1

    Promise Academy at Martin Luther King High School

    Public | 9 - 12

  • 1

    Act Academy Cyber Charter School

    Public | 9 - 12

  • 1

    Mastery Charter School at Gratz

    Public | 9 - 12

  • 1

    Imhotep Institute Chs

    Public | 9 - 12

  • 1

    Delaware Valley Chs

    Public | 9 - 12

  • 1

    Edison / Fareira High School

    Public | 9 - 12

  • 1

    Kensington Health Sciences Academy

    Public | 9 - 12

  • 0

    Bridge Way School

    Private | 10 - 12

  • 0

    Mercy Vocational High School

    Private | 9 - 12

  • 0

    Hope Charter School

    Public | 9 - 12

  • 0

    Cristo Rey Philadelphia High School

    Private | 9 - 12

  • 0

    Little Flower Catholic High School

    Private | 9 - 12

School and business data provided by Attom Data.
Rudolf Sesay

Rudolf Sesay

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+1(215) 834-1413

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5331 WAYNE AVE