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$3,800,000
47 Days On Site

2 Property (23 unit) WAYNE JUNCTION APARTMENT PORFOLIO
PHILADELPHIA, PA 19144

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
22,908
SqFt
$166
/SqFt
2024
Built
County:
PHILADELPHIA
Listing courtesy of Compass Pennsylvania, LLC

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2 Property (23 unit) WAYNE JUNCTION APARTMENT PORFOLIO2 Property (23 unit) WAYNE JUNCTION APARTMENT PORFOLIO2 Property (23 unit) WAYNE JUNCTION APARTMENT PORFOLIO2 Property (23 unit) WAYNE JUNCTION APARTMENT PORFOLIO
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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.

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Listing Snapshot
Price 
$3,800,000
Days On Site 
47 Days
Bedrooms 
N/A
Inside Area (SqFt) 
22,908 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
2024
MLS® Number 
PAPH2536786
Status 
Active
Property Tax 
$3,095
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
11 hours agoPrice changed to $3,800,000
11 hours agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.15
Parking 
On Street
Property Condition 
New Construction
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
22908
Water Source 
Public
Zoning 
RSA5
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
ElectricForced Air
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner Lot
Community Features
MLS Area 
19144 (19144)
School District 
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass Pennsylvania, LLC



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Neighborhood & Commute
Source: Walkscore
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