Malik T Carter, Listing Office: Realty ONE Group Focus
$4,738
closing credit¹
5322 Wayne Ave Philadelphia, PA 19144
Property details
About 5322 Wayne Ave
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; it’s a strategic investment in your future. Seize the opportunity to acquire a versatile, income-generating residence in one of Germantown's sought-after neighborhoods.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2388770
- MLS Name: BRIGHT
- Office Name: Keller Williams Real Estate-Blue Bell
- Office Phone: (215) 646-2900
- Listing Agent: Sharyn Soliman
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Last updated on: 1/22/2025, 4:16:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
5322 Wayne Ave
$4,738
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 05, 2019 | Home Sold | $175,000 |
Sep 16, 2016 | Home Sold | $80,000 |
Apr 25, 2016 | Home Sold | $73,000 |
Mar 08, 2012 | Home Sold | $50,000 |
Mar 01, 2005 | Home Sold | $105,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $0 | $1,998 |
2019 | $140,900 | $1,972 |
2018 | $159,000 | $2,225 |
2017 | $159,000 | $2,225 |
History based on county public records data.
Nearby schools
3
John B. Kelly Elementary School
Public District KG-5
0.2 mi
•5116 Pulaski Ave
4
Mastery Charter School John Wister Elementary School
Public Charter KG-5
0.5 mi
•67 E Bringhurst St
3
James Logan Elementary School
Public District KG-5
1.2 mi
•1700 Lindley Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,769. Residents of Philadelphia, PA typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 5322 Wayne Ave in Philadelphia, PA and zip code 19144 in the Germantown / Chestnut Hill neighborhood. This 2,648 square foot home, which was built in 1890, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $399,000.
While more than 218 listings in Philadelphia, PA in December 2024 were sold above asking price, there were more than 229 listings sold at asking price, and more than 580 were sold below. The number of homes for sale in Philadelphia, PA decreased by 2.3% between November and December 2024. The median list price of listings available in December 2024 was $267,873, while the average time on the real estate market was 49 days.