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5322 Wayne Ave Philadelphia, PA 19144

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For Sale
$379,000

Fully occupied triplex with bonus studio in desirable Germantown.

Property size:
2,648 SF
Lot size:
0.06 Acres

Property Features for 5322 Wayne Ave

General Information

Standard status
Active
Size
2,648 SF
Lot size
0.06 Acres

Building Details

Year built
1890

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Listing Contact
Sharyn Soliman
Source: Exitrealty

Listing Agency: Keller Williams Real Estate-Blue Bell Listing Agent: Sharyn Soliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Germantown Triplex with Bonus Studio

Located in Germantown, this fully occupied legal triplex with rental licenses presents an opportunity for house hacking. The classic twin home features three 2-bedroom, 1-bath units, designed for comfort and functionality. A bonus studio unit, complete with a full kitchen and bath, provides a space for a caretaker or guests, enhancing the property's versatility. The building generates $43,200.00 in rent, and the bonus space was previously rented for $400 per month. The property has undergone recent renovations and upgrades, and offers an opportunity for new owners to apply their finishing touches. This property offers the chance to generate income and offset mortgage costs. Investors may appreciate the potential to add a fully rented asset to their portfolio in a desirable location. The property size is 2648 square feet.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.173546
Latitude
40.02834

FAQs

What type of property is this?
Triplex - Fully occupied triplex with bonus studio in desirable Germantown.
Where is this triplex located?
The property is located at 5322 Wayne Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: - Fully occupied legal triplex generating $43,200 annually.; - House hacking potential to offset mortgage costs.; - Bonus studio unit with full kitchen and bath.
More about this property
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