Listed By:
Elfant Wissahickon-Chestnut Hill
Address
5442 Wayne Avenue, Philadelphia, PA
Price
$ 925,000
Property Attributes
  • MLS#PAPH2294532
  • TypeCommercial
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19144
  • NeighborhoodGermantown
  • Zip19144
  • StyleApartment Building
  • Year Built1890
  • Taxes$ 7516
  • Price$ 925,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7400
  • Lot Size0.4 Acres
Data Source:
Bright MLS
Property Description

Beautiful Victorian era mansion converted to seven (7) apartments. All separate utilities, wrap around exterior porches. Off street parking for tenants. Beautiful grounds. Tenants pay for their own heat, hot water, gas and electric. All the apartments have high elegant ceilings and huge 19th century oversize windows with warm natural sunlight. Crown moldings, some apartments with mantles and fireplaces. 6 large one bedroom apartments and one large two (2) bedroom apartment. Brand new laundry room added to lower level. All new exterior painting and carpentry done in the last 6 months, including roofing work. The building is in very good condition. Fantastic tenants, call listing agent for appointment. 24 hour notice a must, listing agent has all keys and will provide all access.

Price History
11/4/2023 Listed $925,000

General Features

Sewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Possession Immediate,Negotiable
Zoning RSA2
Construction Materials Stone
Year Built 1890
Electric 200+ Amp Service
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 81900.00
OwnerPays Common Area Maintenance,Insurance,Management,Pest Control,Repairs,Taxes - Real Estate,Trash Collection,Water,Other
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 58440.00
Operating Expense 23466.00
Insurance Expense 3500.00
New Construction No
Property Type Commercial Sale
Subdivision Name GERMANTOWN (WEST)
Possible Use Apartments
Water Access Y/N No
Status ACTIVE
Directions near the corner of Wayne and School House Lane at 5442 Wayne Avenue
ModificationTimestamp 2024-05-18T07:23:09
City PHILADELPHIA
Buyer Agent Compensation 3
Total Units 7
MLS Area 19144 (19144)
Lot Size Square Feet 17391.00
Tax Assessed Value 537000.0
Waterfront Y/N No
Street Name WAYNE
Tax Annual Amount 7516.0
Electric Expense 1200.00
Fuel Expense 0.00
Property Condition Very Good
Trash Expense 600.00
Price Per Sq Ft Total 125.0
Acceptable Financing Conventional,Cash
Vacation Rental Y/N No
Days on Market 197
Standard Status Active
Year Built Source Assessor
Tax Lot 3098
Total Actual Rent 81900.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No
Clear Span Ceiling Height 10' to 12'

Exterior Features

Lot Features Front Yard,Rear Yard,SideYard(s)
Water Source Public
Total Parking Spaces 7
Type of Parking On Street,Parking Lot
Land Use Code G58
Water View Y/N No
Building Area Total 7400.00
Lot Dimensions 93.00 x 187.00
Lot Size Acres 0.40
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 107400.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N Yes
LotDimensionsSource Assessor
Car Parking Spaces 7

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19144

Price
AVG $570K
$930K
Taxes
AVG $5,014
$7,516
Visits
AVG 167
318
Data Provided by Inside Real Estate®
Year Built
AVG 1923
1890

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