Back to Search
5322 Wayne Ave
For Sale $399,000 ($150.68 per Sq Ft)
$399,000 ($150.68 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,648 Sq Ft
- 2,655 Sq Ft
Description
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.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $399,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,648 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1890 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 124115900 |
| MLS # | PAPH2388770 |
| Property ID | 295516304 |
| Lot Sqft | 2,655 |
| Zoning | RTA1 |
| Total Units | 3 |
| Days on Market | 91 |
| Original List Price | Unknown |
| Date Updated | November 26, 2024 |
| Date Created | August 28, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $44,400 | $0 |
| Net Income (Yr) | $ 34,884 |
| Cap Rate | 8.70% |
Listing Provided By
Sharyn Soliman an agent of . Lic #RS330729
© 2024 Copyright BRIGHT, All Rights Reserved
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 Closed 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.
Information Deemed Reliable But Not Guaranteed
Data last updated: November 27, 2024.
Robert Crawford
REAL ESTATE AGENT