UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $146
Subdivision Germantown (East)
MLS Listing ID PAPH2646368
Style Traditional
Bedrooms 7
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 1,756
Year Built 1900
Annual Tax Amount $1,557
Tax Year 2026
Lot Size 1,127 Sqft
Acres 0.03
Lot Dimensions 15.00 x 75.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Welcome to 540 E. Penn Street, a spacious 7-bedroom, 4-bathroom property offering an outstanding opportunity for investors seeking immediate rental income. Located in the desirable East Germantown neighborhood, this expansive home was renovated in 2025 and is currently tenant occupied, allowing the new owner to begin collecting rental income from day one.
The property is equipped with a refrigerator, range, and microwave, making it a truly turnkey investment. With generous living space and modern updates, this home is well-positioned to continue attracting long-term tenants.
Offered As-Is, this property may be purchased individually or as part of a three-property, rent-ready investment portfolio, making it an excellent addition for both seasoned and first-time investors.
Don't miss the opportunity to own a cash-flowing asset in one of Philadelphia's growing neighborhoods.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA5
Rooms
Basement Unfinished
Main Level Bedrooms 7
Interior
Interior Features Floor Plan - Traditional, Recessed Lighting, Upgraded Countertops
Hot Water Natural Gas
Cooling None
Flooring Luxury Vinyl Plank
Inclusions Washer/Dryer, Refrigerator, Range, Microwave
Equipment Dryer - Electric, Oven/Range - Gas, Stainless Steel Appliances, Washer
Furnishings No
Fireplace N
Appliance Dryer - Electric, Oven/Range - Gas, Stainless Steel Appliances, Washer
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Utilities Available Electric Available, Sewer Available, Water Available
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Story 3
Foundation Slab
Above Ground Finished SqFt 1756
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Dry Wall
New Construction N
Schools
School District Philadelphia City
Others
Pets Allowed Y
Senior Community No
Tax ID 121142300
Ownership Fee Simple
SqFt Source 2256
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Case by Case Basis
Nearby Locations
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