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Philly CRE Advisors presents a rare opportunity to acquire a highly versatile asset suited for investors, developers, care facility operators, or nonprofit organizations. 329 Wister St features a 5,762 sq. ft. main building with a current L&I certificate confirming approval for a 12-room rooming house accommodating up to 27 residents, offering a strong opportunity for group housing or care-related use. The property is currently vacant, with renovations started but not completed, allowing an investor to step in and finish the project to their specifications. Recent improvements include new windows, LVP flooring, and on-site construction materials, helping streamline completion. Originally built in the 1800s as a coach house and hotel, the property retains its historic character and is positioned for repositioning or redevelopment. The layout spans multiple floors and is configured for a high bedroom count with multiple bathrooms, along with a fire escape exit. A full-length basement provides additional utility and storage space. A detached 777 sq. ft. carriage house offers additional flexibility for office, storage, or residential use, and includes central air and heating. The property sits on a substantial 22,332 sq. ft. street-to-street lot, providing ample room for expansion, outdoor use, or future redevelopment. Positioned in the heart of Germantown, the property benefits from a neighborhood rich in history, strong community presence, and continued investment, making it an ideal location for both immediate repositioning and long-term growth.

Source: BRIGHT MLS, MLS#: PAPH2600050

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  • Property Type
    Residential
  • Lot
    0.51 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 329 E WISTER STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/31/2026Source: BRIGHT MLS Added to Database
March 31, 2026
12/3/2024Source: BRIGHT MLS Price Reduction
$669,000 -2.9%
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2022
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2022
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2022
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE
12/3/2024Source: BRIGHT MLS Price Reduction
$669,000 -2.9%
12/3/2024Source: BRIGHT MLS Price Reduction
$669,000 -2.9%
Listing provided courtesy of BHHS Fox & Roach-Center City Walnut- MLS# PAPH2600050MLS ProviderContact Information: 2156276005