5139 WAYNE AVE, Philadelphia, PA 19144 – PAPH2418608

See all 7 photos

7 photos

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fran Valerio

fvalerio@soldincentralpa.com +1(717) 602-0551

$1,095,000

Est. payment - /mo

0.29 Acres Lot

Save

UPDATED:

11/15/2024 11:52 AM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2418608

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $1,153

Tax Year 2024

Lot Size 0.288 Acres

Acres 0.29

Lot Dimensions 70.00 x 175.00

Property 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 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.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning RM1

Exterior

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax ID 123215100

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Read Less Info

Listed by Samantha Lee Miller • Select Commercial Advisors

GET MORE INFORMATION

Fran Valerio

+1(717) 602-0551

Listing Specialist, Team Leader | RSRS311467

Listing Specialist, Team Leader RSRS311467

QUICK SEARCH