5139 Wayne Avenue
$1,095,000
12,547 / 0.29
Description
Select Commercial Advisors is pleased to present the opportunity to acquire and develop a multifamily residential 4-story elevator-serviced building with a green roof featuring +/- 34,500 square feet across 48 apartment units. The project will be delivered with a fully approved set of zoning and building permits. The site received the full 10-year Tax Abatement in 2021, meaning that the value of improvements is 100% abated for 10 years after construction. With expertly value-engineered plans, the...Select Commercial Advisors is pleased to present the opportunity to acquire and develop a multifamily residential 4-story elevator-serviced building with a green roof featuring +/- 34,500 square feet across 48 apartment units. The project will be delivered with a fully approved set of zoning and building permits. The site received the full 10-year Tax Abatement in 2021, meaning that the value of improvements is 100% abated for 10 years after construction. With expertly value-engineered plans, the project offers attractive unit layouts in a cost-effective design. As the Germantown/Wayne-Junction rental real estate market flourishes, take advantage of an entitled development opportunity in one of the city’s most dynamic neighborhoods! Broker of record has financial interest. Inquire for detailed offering memorandum and permit set.
- Listed by Samantha Lee Miller • Select Commercial AdvisorsP: (215)-315-3326 samantha@select-ca.com
Property Details for 5139 Wayne Avenue
Tax ID Number
123215100
OwnershipFee Simple
HOANo
WaterfrontNo
GarageNo
Cross StreetHansberry St
MunicipalityPHILADELPHIA
Central AirNo
LISTING UPDATED: 11/15/2024 07:52 AM
Property Details for 5139 Wayne Avenue
Status | Active |
---|---|
MLS # | PAPH2418608 |
Days on Market | 10 |
Taxes | $1,153 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 0.29 AC |
County | Philadelphia County |
Building Information for 5139 Wayne Avenue
Lot Size0.29 AC
Property Information for 5139 Wayne Avenue
Property History for 5139 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 5139 Wayne Avenue
Taxable ValueLand$82,400Additions-Total$82,400
Tax Record2023$1,153 ($96 / month)
Home Facts
Beds0Total Finished SqFt2,949 SqFtAbove Grade Finished SqFt2,949 SqFtStories3Lot Size12,278 SqFtStyleSingle Family ResidenceYear Built1900ZoningRM1CountyPHILADELPHIAAPN12-3-2151-00
Schools near 5139 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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