5139 Wayne Avenue

PHILADELPHIA, PA 19144

  • 12,547 Sqft
  • 12547
    Sqft(Lot)
$1,095,000

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.

  • Property Type

    Land

  • County

    PHILADELPHIA

  • Style

    Land

  • AD ID

    47612809

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BuyOwner last updated this listing 11/21/2024 @ 06:58

  • MLS: PAPH2418608
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Land, with 0 bedrooms which is for sale, it has 12,547 sqft, 12,547 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19144, this PHILADELPHIA County Land are nearby neighborhoods.