$450,000

5302 WAYNE AVE, Philadelphia, PA 19144

3,291 sqft

other
Built in 1890
2,614sqft lot
—— car garage
$137/sqft
Listed 4 days ago

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 at over 10% CAP rate. Includes two storefronts, most recently used as office space in one, and ice cream store in the other. Four residential units with partial updates including one 2 bedroom, two1 bedroom units and one efficiency. Bright units with north, south and east exposures across three floors in converted Victorian grand home. -Annual rent of $64,200 is only for residential rent, so CAP rate is higher with storefront rental.

Listing Status:: Active
Data Last Updated:: May 3, 2026 at 1:19AM
Listing Office:: Compass Pennsylvania, LLC : 2674358015
Listing Agent:: Matthew J Aragona : 6107453211
MLS ID:: PAPH2613416

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

General: Above GradeBelow Grade
Style: Other

General: MasonryOther

Originating MLS: BRIGHT_MAIN
School District: PHILADELPHIA CITY
County: PHILADELPHIA-PA

Zoning: RTA1871518640

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Matthew J Aragona , Compass Pennsylvania, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.