5302 WAYNE AVE, Philadelphia, PA 19144

Property Description

Fantastic value add investment opportunity in the heart of West Germantown, close to Chelten Avenue corridor and Wayne Junction, with extensive transit access. Steadily growing commercial corridor with tremendous upside opportunity. Currently ready to deliver vacant, was recently rented with total annual rental income of $90,000, approximately 15% CAP RATE Includes two storefronts, most recently used as office space in one ($1200), and ice cream store ($950) in the other. Four residential units with partial updates including (with last rents) one 2 bedroom ($2100), two1 bedroom units ($1900 and $750) and one efficiency ($600). All electric heating and hot water, separately metered. Bright units with north, south and east exposures across three floors in converted Victorian grand home. Most recent rentals had city rental licenses.

Listing Status:

Active

Data Last Updated:

June 23, 2026 at 8:21PM

Listing Office:

Compass Pennsylvania, LLC : 2674358015

Listing Agent:

David W Feldman : 2153706043

MLS ID:

PAPH2616850

Interior

• A/C: Window Unit(s)
• Heating: Baseboard - ElectricElectric
• Disability Feature: None

Construction

• General: MasonryVinyl SidingOther

Location

• Road/Access: 26
• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RTA1871518640

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN