4190 Wayne Avenue

Philadelphia, PA 19140

$132,500
Last Sold Price
Beds
746 Sq. Ft.
$178 / Sq. Ft.
746
Sq. Ft.
$178
per Sq. Ft.

Description

Welcome to 4190 Wayne Avenue, a recently renovated duplex and an Excellent Investment Opportunity! Cap Rate is about 14% assuming long-term tenants at market rent. Conveniently located a few blocks from Wayne Junction station, while also being a short walk to the Broad St line subway, a quick drive to Temple University Hospital/Medical School and just a few minutes from I-76. This home is currently set up as 2 1-bedroom units. Each Unit has been updated and features a kitchen, full bathroom and a...Welcome to 4190 Wayne Avenue, a recently renovated duplex and an Excellent Investment Opportunity! Cap Rate is about 14% assuming long-term tenants at market rent. Conveniently located a few blocks from Wayne Junction station, while also being a short walk to the Broad St line subway, a quick drive to Temple University Hospital/Medical School and just a few minutes from I-76. This home is currently set up as 2 1-bedroom units. Each Unit has been updated and features a kitchen, full bathroom and a large bedroom. There is an unfinished basement space for storage, a fenced-in backyard with a patio area and new flooring throughout. This home was previously being used as an AirBNB and could easily serve as a long-term rental for an investor looking to add a high cash flowing property to their portfolio.
  1. Listed by Anthony Joseph Krupincza • CG Realty, LLC
    P: 9145843219 anthony@campbellgerrard.com

Property Details for 4190 Wayne Avenue

Tax ID Number
131404600
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Views
City
Garage
No
Subdivision
NICETOWN

Location

Listing Courtesy of CG Realty, LLC

Sold By RE/MAX Access

Add your commute
LISTING UPDATED: 04/28/2023 10:39 AM

Property Details for 4190 Wayne Avenue

StatusClosed
MLS #PAPH2211320
Days on Market10
Taxes$698 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.01 AC / 596 SF
CountyPhiladelphia County

Location

Listing Courtesy of CG Realty, LLC

Sold By RE/MAX Access

Add your commute

Building Information for 4190 Wayne Avenue

Stories-Residences2Year Built1930Building Size-Lot Size0.01 AC / 596 SF

Payment Calculator

$781 per month

30 year fixed, 7.25% Interest

Principal and Interest

$723

Property Taxes

$58

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4190 Wayne Avenue

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19140 (19140)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $49,900
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $40,000
  • City Town Tax: $315
  • Land Assessed Value: $9,900
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: O30
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RSA5
  • Tax Lot: 183
  • School Tax: $383
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water
  • Concessions: Yes
  • Concessions Amount: $2,500
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: All
  • Units Leased Count: 0
  • Number Of Units Vacant: 2
  • Vacancy Allowance Rate: 5.00%
  • Rent Control: No
Financial Information
Expenses
  • Trash Expense: $0
Financial Information
  • Annual Rental Income: $22,800
  • Income Includes: Apartment Rentals
  • Cap Rate: 13.50
  • Existing Lease Type: None
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Level Count: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 40.00
  • Lot Dimensions Source: Assessor
  • Road Responsibility: City/County
  • Location Type: Urban
  • Parcel ID: 956170
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Carpet, Ceiling Fan(s), Entry Level Bedroom
  • Fireplace: No
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Exterior Lighting, Play Area
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Suburban West REALTORS Association
  • List Agent URL: www.anthonyphillyrealestate.com

Property History for 4190 Wayne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4190 Wayne Avenue

Taxable ValueLand$9,900Additions$40,000Total$49,900
Tax Record2023$698 ($58 / month)
Home Facts
Beds2Total Finished SqFt746 SqFtAbove Grade Finished SqFt746 SqFtStories2Lot Size596 SqFtStyleCondominiumYear Built1930ZoningRSA5CountyPHILADELPHIAAPN13-1-4046-00

Schools near 4190 Wayne Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Steel Edward School
PublicPK to 8

Randolph A. Philip Avt High School
Public9 to 12

Fitler Academics Plus
PublicK to 8

Kenderton Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CG Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.