4949 Wayne Avenue

Philadelphia, PA 19144

$699,999
Price
4,546 / 0.10
Lot Size / Acres

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.
  1. Listed by Ryan J McManus • Keller Williams Liberty Place
    P: (610)-606-1095 ryan@agentphl.com
  2. Listed by Brandon Ribeiro • Keller Williams Liberty Place
    P: (267)-945-8167 brandon@agentphl.com

Property Details for 4949 Wayne Avenue

Tax ID Number
885103840
Ownership
Fee Simple
HOA
No
Waterfront
No
Views
City
Garage
No
Subdivision
GERMANTOWN
Subdivision
GERMANTOWN (PHILADELPHIA PA)
LISTING UPDATED: 11/15/2024 09:04 AM

Property Details for 4949 Wayne Avenue

StatusActive
MLS #PAPH2418968
Days on Market42
Taxes$794 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.10 AC
CountyPhiladelphia County

Building Information for 4949 Wayne Avenue

Lot Size0.10 AC

Property Information for 4949 Wayne Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19144 (19144)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $43,300
  • Year Assessed: 2019
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $274
  • Clean Green Assessed: No
  • Land Use Code: RB
  • Historic: No
  • Zoning: CMX2.5
  • Tax Lot: 206
  • School Tax: $333
  • Automatically Update Tax Values Y/N: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 49,0 X 93.0
  • Lot Dimensions Source: Estimated
  • Lot Features: Corner
  • Current Use: Other
  • Location Type: Urban
  • Additional Parcels: Yes
Utilities
Utilities
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 4949 Wayne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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4949 Wayne Avenue is a 0.10 ac of land for sale in Philadelphia, PA 19144. This property was listed for sale on November 11, 2024 by Keller Williams Liberty Place, it's currently listed at $699,999. It has been on the market for a total of 42 days and was last sold on February 10, 2021. This listing's school district is The School District of Philadelphia. Nearby schools include Kelly John B School, Fitler Academics Plus and King Martin Luther High School. 4949 Wayne Avenue is a 0-bed, 0-bath, 0.10 ac of land on a 4,546 sq. ft. / 0.10 acres lot.

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Listing Courtesy of Keller Williams Liberty Place

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.