540 E. Penn Street | Exceptional Investment Opportunity 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.
| MLS # | PAPH2646368 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 110 |
| Listing Provided By | Realty Mark Associates | Benjamin R Cathey |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,256 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | RSA5 |
| Acreage | 0.03 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Interior Features | Floor Plan - Traditional, Recessed Lighting, Upgraded Countertops |
| Furnished | No |
| Appliances | Dryer - Electric, Oven/Range - Gas, Stainless Steel Appliances, Washer |
| Roof | Shingle |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|
| Utilities | Electric Available, Sewer Available, Water Available |
|---|
| Tax Annual Amount | 1557 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| Community Name | GERMANTOWN (EAST) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in GERMANTOWN (EAST)) | |
Price: $324,900 low | high Med: $157,500 sqft: 2,256 low | high Med: 1,244 $ / sqft: $144 low | high Med: $133 On site: 110 low | high Med: 201 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| Community Name | GERMANTOWN (EAST) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in GERMANTOWN (EAST)) | |
Price: $324,900 low | high Med: $157,500 sqft: 2,256 low | high Med: 1,244 $ / sqft: $144 low | high Med: $133 On site: 110 low | high Med: 201 | |