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$4,185,000
32 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
$183
/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 6 fully occupied, income-generating apartment buildings (37 total units) in excellent locations. 23 units in red-hot Germantown. 9 units at prime 15th & Ellsworth location. 5 units in University City. All new or newer buildings, some with remaining tax abatements✅ Solid Cap Rates!✅ Each apartment building is fully turnkey, and in excellent condition✅ Fully separated gas and electric✅ All units legally zoned with active rental licenses corresponding to exact number of units✅ 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. Most leases run into mid-2026. All buildings well-cared for and maintained with a striking pride of ownership. ✅ The 6-building breakdown is as follows: 4529 Pulaski & 4637 Germantown (see above) ✅ 1148 & 1150 S 15th (6 units being sold together; both 2014 new construction)—$1,400,000✅ 1149 S 15th (3 units—available individually or with 1148-1150; 2008 total rehab)—$625,000✅ 1149 is directly across the street. All nine 15th Street units available for $2,025,000 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)—$925,000. 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 6.92% 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—$625,000✅ 4633 Germantown—Vacant lot with potential to also acquire city owned corner lot next door—$50,000. Note that the 4633 Germantown vacant lot goes street to street and has a clear encroachment built onto the rear portion. ✅ Contact Listing Agent for Offering Memorandum. OM includes bed/bath breakdown.

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Listing Snapshot
Price 
$4,185,000
Days On Site 
32 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
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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