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5322 Wayne Avenue

PHILADELPHIA, PA 19144
  • $399,000
  • STATUS: Active
  • ON SITE: 96 Days
  • ID#: PAPH2388770
UPDATED: 63 min ago
$399,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,648
    SQFT
  • $151
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Description

Presenting an exceptional opportunity in Germantown"this expansive triplex offers the ultimate in house hacking potential. This classic twin home features three generously sized 2-bedroom, 1-bath units, each thoughtfully designed to maximize comfort and functionality. Additionally, a bonus studio unit, complete with a full kitchen and bath, provides an ideal space for a caretaker or guests, enhancing the property's versatility. The building is currently generating $44,400 in rent and the bonus space was previously rented for $400/month. Upon entering, you'll be greeted by a stately foyer that leads to well-appointed living spaces. While the property has undergone recent renovations and upgrades, it presents a unique opportunity for new owners to apply their finishing touches. For the savvy buyer, this property offers the chance to generate significant income and offset mortgage costs. Investors will appreciate the potential to add a fully rented asset to their portfolio in a highly desirable location. This is more than just a property; its a strategic investment in your future. Seize the opportunity to acquire a versatile, income-generating residence in one of Germantown's sought-after neighborhoods.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T14:53:12.683.
www.rossrem.com/homes/154321116
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5322 Wayne Avenue PHILADELPHIA, PA 19144

  • Price: $399,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 63 min ago
  • ID#: PAPH2388770
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,648
SQFT
$151
$/SQFT
1890
Built
Neighborhood:
19144 (19144)
County:
Philadelphia
Area:
19144 (19144)
School District:
The School District Of Philadelphia
Property Description
Presenting an exceptional opportunity in Germantown"this expansive triplex offers the ultimate in house hacking potential. This classic twin home features three generously sized 2-bedroom, 1-bath units, each thoughtfully designed to maximize comfort and functionality. Additionally, a bonus studio unit, complete with a full kitchen and bath, provides an ideal space for a caretaker or guests, enhancing the property's versatility. The building is currently generating $44,400 in rent and the bonus space was previously rented for $400/month. Upon entering, you'll be greeted by a stately foyer that leads to well-appointed living spaces. While the property has undergone recent renovations and upgrades, it presents a unique opportunity for new owners to apply their finishing touches. For the savvy buyer, this property offers the chance to generate significant income and offset mortgage costs. Investors will appreciate the potential to add a fully rented asset to their portfolio in a highly desirable location. This is more than just a property; its a strategic investment in your future. Seize the opportunity to acquire a versatile, income-generating residence in one of Germantown's sought-after neighborhoods.
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2648 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions TENANT PROPERTY Fireplace YN No Heating Forced AirHot WaterBaseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 3

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel None Electric 200+ Amp ServiceCircuit Breakers Existing Lease Type Long Term Foundation Details Brick/Mortar Gross Income 44400.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 3410.00 Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 34884.48 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 9515.52 Original MLSNumber 803306804904 Owner Pays WaterInsuranceTaxes - Real EstateCommon Area Maintenance Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 3345.00 Tax Lot 161 Total Actual Rent 44400.00 Trash Expense 520.00 Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning RTA1

Listing courtesy of Keller Williams Real Estate-Blue Bell: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T14:53:12.683.
 
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