4949 Wayne Avenue
$699,999
4,546 / 0.10
Description
Zoning-approved multifamily development opportunity in Philadelphia’s popular Wayne Junction neighborhood. This value-engineered proposed development features 5 floors of wood frame construction with 21 units throughout ±22,593 SF with ground floor commercial space, fitness center and green roof terrace atop the building showcasing sensational views of the Philly skyline. This boutique, elevator building will feature sixteen (16) 1bd x 1ba apartments and four (4) 2bd x 2ba apartments. This prominent...Zoning-approved multifamily development opportunity in Philadelphia’s popular Wayne Junction neighborhood. This value-engineered proposed development features 5 floors of wood frame construction with 21 units throughout ±22,593 SF with ground floor commercial space, fitness center and green roof terrace atop the building showcasing sensational views of the Philly skyline. This boutique, elevator building will feature sixteen (16) 1bd x 1ba apartments and four (4) 2bd x 2ba apartments. This prominent corner site benefits from 49’ of frontage—ownership worked diligently to assemble the three (3) contiguous lots that make up roughly ±4,546 SF or prime urban land. Easy access to Wayne Junction, Germantown + Mount Airy amenities, breweries, shops and restaurants, as well as Wayne Junction Septa (regional rail). Purchase this approved real estate in a Top-10 USA MSA today and plant your company’s flag in PHL. Enquire within for PPP (pro forma, permits, plans). 10 year tax abatement-eligible. Pay taxes on assessed land value for 10 years rather than the improvements (21 unit building). This area is poised for above-average rent growth and appreciation and is surrounded by progressive new development in every direction. Make your move.
- Listed by Ryan J McManus • Keller Williams Liberty PlaceP: (610)-606-1095 ryan@agentphl.com
- Listed by Brandon Ribeiro • Keller Williams Liberty PlaceP: (267)-945-8167 brandon@agentphl.com
Property Details for 4949 Wayne Avenue
Tax ID Number
885103840
OwnershipFee Simple
HOANo
WaterfrontNo
ViewsCity
GarageNo
SubdivisionGERMANTOWN
SubdivisionGERMANTOWN (PHILADELPHIA PA)
LISTING UPDATED: 11/15/2024 09:04 AM
Property Details for 4949 Wayne Avenue
Status | Active |
---|---|
MLS # | PAPH2418968 |
Days on Market | 42 |
Taxes | $794 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.10 AC |
County | Philadelphia County |
Building Information for 4949 Wayne Avenue
Lot Size0.10 AC
Property Information for 4949 Wayne Avenue
Property History for 4949 Wayne Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4949 Wayne Avenue
Taxable ValueLand$56,700Additions-Total$56,700
Tax Record2024$794 ($66 / month)
Home Facts
Total Finished SqFt263 SqFtAbove Grade Finished SqFt263 SqFtLot Size4,546 SqFtStyleParking LotZoningCMX2.5CountyPHILADELPHIAAPN88-5-1038-40
Schools near 4949 Wayne Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Kelly John B School PublicK to 5 | ||
Fitler Academics Plus PublicK to 8 | ||
King Martin Luther High School Public9 to 12 | ||
Central High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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