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4949 Wayne Ave
For Sale $699,999
$699,999
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 4,546 Sq Ft
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 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.
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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 | $699,999 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 885103840 |
| MLS # | PAPH2418968 |
| Property ID | 321038272 |
| Lot Sqft | 4,546 |
| Zoning | CMX2.5 |
| Days on Market | 17 |
| Original List Price | Unknown |
| Date Updated | November 15, 2024 |
| Date Created | November 10, 2024 |
Listing Provided By
Ryan J McManus an agent of Keller Williams Liberty Place. Lic #RS316262
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Data last updated: November 27, 2024.
Robert Crawford
REAL ESTATE AGENT