Southampton: (215) 396-8117 • Philadelphia: (215) 948-6627 • Welsh Rd: (215) 396-8117
2 Property (23 unit) WAYNE JUNCTION APARTMENT PORFOLIOPHILADELPHIA, PA 19144
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.




Two turn-key apartments buildings with a total of 23 units. 4529 Pulaski—14 units. 2022 new construction—Tax Abatement thru 2031. 4637 Germantown—9 units. 2024 new construction—Tax Abatement thru 2035. Both buildings are superb turn-key investments in the burgeoning Wayne Junction section of West Germantown—a red-hot area that is minutes from both major highways and a major transportation hub. Extremely convenient--these buildings are located several blocks apart. And right between these two buildings is Attic Brewing Company, Deke’s Bar-B-Que, Merzbacher’s Bakery, and other popular Philly amenities. Also, a block or so to both Fernhill and Loudoun Parks. Solid Cap Rates! Excellent condition with fully separated gas and electric. The buildings are fully zoned for 23 units with active rental licenses for 23 units. All apartments include in-unit dishwasher and washer/dryer, stainless-steel appliances, and granite countertops. Reasonable rents and pristine condition—exactly what tenants are looking for. These units are always easy to rent. The current owner values both quality tenants and no vacancies. ✅ Pulaski and Germantown are also being offered as part of a larger portfolio with various purchase options. Details on the portfolio and all package combinations include--Superb turn-key commercial investment package. Includes 5 fully occupied, income-generating apartment buildings (34 total units) in excellent locations. 23 units in red-hot Germantown. 6 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements✅ Proper Zoning and Active Rental Licenses for every unit ✅ Solid Cap Rates!✅ Each apartment building is fully turnkey, and in excellent condition✅ Fully separated gas and electric ✅ All units include in-unit dishwasher and washer/dryer✅ New or newer stainless-steel appliances & granite countertops in 34 units (3 units have nice white appliances)✅ Some units with nice outdoor space as well✅ Each unit has reasonable rents for its desirable location and pristine condition—exactly what tenants are looking for. Always easy to rent✅ The current owner values both quality tenants and no vacancies. All leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. ✅ The 5-building breakdown is as follows: 4529 Pulaski (14 units—2022 ground-up new construction--Tax Abatement thru 2031)—$2,275,000✅ 4637 Germantown (9 units—2024 ground up new construction-Tax Abatement thru 2035)—$1,525,000✅ These two buildings are a few blocks apart and are also available as a solid 23-unit mini package at $3,800,000. Superb location in burgeoning Wayne Junction-walkable to Attic Brewing, Deke's etc. Transit hub and Right off the Roosevelt Extension (US1)✅ 1148 & 1150 S 15th (6 units being sold together or as two separate triplexes; both 2014 new construction)—$1,300,000 (or $650,000 each) ✅ A+ location at 15th & Ellsworth. 94 WalkScore. One block to Broad Street Subway. Two blocks to Giant, Sprouts, Target, Starbucks, PetSmart, and a lot more. Easy walk to East Passyunk, Italian Market, and Center City✅ 5027 Spruce Street (5 units—2017 ground up new construction—Tax abatement thru 2026)—$825,000. Lovely University City block. Walk to tons of restaurants and shops; Penn, HUP, CHOP, and Drexel; great SEPTA access. ✅ Excellent numbers—the entire package offers a 7.66% cap rate. OFFERING MEMORANDUM available upon request. Includes individual building rents, terms, expenses, NOIs, cap rates, and other information.✅ Two additional Development Opportunities are also available for purchase: 5037 Wissahickon—Zoning approval for 18 residential units and one commercial space—$475,000✅ 4633 Germantown.
| 11 hours ago | Price changed to $3,800,000 | |
| 11 hours ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.