2 months on rocket

5322 Wayne Ave, Philadelphia, PA, 19144

$399,000

Home List Price

$4,738*

Closing Credit

0 Baths
2,648 SqFt
$151/SqFt
Multi

Location

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5322 Wayne Ave, Philadelphia$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1890
HeatingForced Air, Hot Water, Baseboard
CoolingNone
BasementYes
MLS #PAPH2388770
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 5322 Wayne Ave

Presenting an exceptional opportunity in Germantown—this expansive triplex offers the ultimate in house hacking potential. This classic twin home features three generously sized 2-bedroom, 1-bath units, each thoughtfully designed to maximize comfort and functionality. Additionally, a bonus studio unit, complete with a full kitchen and bath, provides an ideal space for a caretaker or guests, enhancing the property's versatility. The building is currently generating $44,400 in rent and the bonus space was previously rented for $400/month. Upon entering, you'll be greeted by a stately foyer that leads to well-appointed living spaces. While the property has undergone recent renovations and upgrades, it presents a unique opportunity for new owners to apply their finishing touches. For the savvy buyer, this property offers the chance to generate significant income and offset mortgage costs. Investors will appreciate the potential to add a fully rented asset to their portfolio in a highly desirable location. This is more than just a property; it’s a strategic investment in your future. Seize the opportunity to acquire a versatile, income-generating residence in one of Germantown's sought-after neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1890
  • Living Area: 2,648 SqFt

Listing Office:

  • Office Name: Keller Williams Real Estate-Blue Bell
  • Office Phone: (215) 646-2900
  • Listing Agent: Sharyn Soliman

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Hot Water, Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $1,999
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

5322 Wayne Ave vs Philadelphia

84 DAYS ON ROCKET

+40 Days

$399,000

+$137.1K More

$151/SqFt

-$48 Less

KEY TAKEAWAY

This property is $137.1K more than the Median Sold Price and $48/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2388770

Listing Office:

  • Office Name: Keller Williams Real Estate-Blue Bell
  • Office Phone: (215) 646-2900
  • Listing Agent: Sharyn Soliman

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2019Home Sold
$175,000
Sep 16, 2016Home Sold
$80,000
Apr 25, 2016Home Sold
$73,000
Mar 08, 2012Home Sold
$50,000
Mar 01, 2005Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,999 -
2019$1,972$140,900
2018$2,226$159,000
2017$2,226$159,000

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-391926
3
/10

  • John B. Kelly Elementary School

  • 5116 Pulaski Ave

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-391927
4
/10

  • Mastery Charter School John Wister Elementary School

  • 67 E Bringhurst St

  • 0.49 miles

  • Public Charter Grades KG-5

school-card-donut-391928
3
/10

  • James Logan Elementary School

  • 1700 Lindley Ave

  • 1.16 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,769. Typical income of Philadelphia, PA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19144›5322 Wayne Ave

This home is located at 5322 Wayne Ave in Philadelphia, PA and zip code 19144 in the Germantown / Chestnut Hill neighborhood. This 2,648 square foot home, which was built in 1890, sits on a 0.06 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $399,000.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. In October 2024 median list price was $261,807 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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