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Image 1 - 5327 Wayne Ave, Philadelphia, Pennsylvania, 19144 - House for sale
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Wayne Ave, Philadelphia, Home For Sale
5327 Wayne Ave, Philadelphia, Pennsylvania, 19144

Wayne Ave, Philadelphia, Home For Sale

house for sale
Listed: 08/07/24

5327 Wayne Ave, Philadelphia, Pennsylvania, 19144

5 Bed:
5 Bath:
3,069 Sq Ft Living Area:
Save
Price
$ 225,000

About This House

Unlock the potential of this exceptional multi-family investment opportunity in the thriving Germantown neighborhood! This well-positioned 5-unit property features a versatile mix of housing options, including two efficiencies, two one-bedroom apartments, and a spacious two-bedroom apartment, catering to a diverse range of tenants. With two out of five units currently occupied and generating steady rental income at $700 per month each, this property offers immediate cash flow and long-term investment potential. Each unit boasts its own electric meter, while the gas and hot water heater are shared, streamlining utility management. The property benefits from substantial rehab work80% completedsetting the stage for a lucrative value-add opportunity. With a Walk Score of 82, this property offers the convenience of completing most errands …  Full description

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Germantown - Penn Knox Housing & Living

Household Income

Median household income: $46,116
Number of households: 608,233
The average household income in Philadelphia, PA grew from $39,759 to $46,116 in the past year. This data is an estimate based upon 608,233 households in Philadelphia, PA.
The chart below presents how household income is distributed in Philadelphia, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Philadelphia, PA compared to median property taxes around the country. The prevalent amount of property taxes in Philadelphia, PA equals $800-$1,500 , which is less than the national average.