Listing
$324,900
540 E••••• Penn St (Sign up for 50 free credits to unlock)Philadelphia, PA 19144
Property Description
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.
Property Facts & Features
- Property Type
- Townhomes
- Status
- Active
- Listed
- Jul 14, 2026
- Price per Sq Ft
- $144/sqft
- ZIP Code
- 19144
- Full Baths
- 4
- Stories
- 3
- Parking
- On Street
- Heating
- 90% Forced Air
- Construction
- Masonry
- Style
- Traditional
- Property Tax (2026)
- $1,557/yr
- Assessed Value
- $111,300
- Last Sold
- $55,000 · Aug 12, 2018
- Neighborhood
- East Germantown
- County
- Philadelphia
- School District
- The School District of Philadelphia
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 7
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Land Info
- Lot Size Acres: 0.0258724
- Lot Size Square Feet: 1127
Appliances
- Dryer - Electric
- Oven/Range - Gas
- Stainless Steel Appliances
- Washer
Interior Features
- Floor Plan - Traditional
- Recessed Lighting
- Upgraded Countertops
Garage and Parking
- Parking Features: On Street
School Information
- School District: PHILADELPHIA CITY
Heating and Cooling
- Heating Features: 90% Forced Air
- Heating: Yes
Other Property Info
- Annual Tax Amount: 1557
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Property Subtype: townhouse
- Source Neighborhood: GERMANTOWN (EAST)
- Postal Code Plus 4: 1406
- Subdivision: GERMANTOWN (EAST)
- Township: PHILADELPHIA
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Pet Description: Case by Case Basis
- Senior Community: No
Building and Construction
- Total Square Feet Living: 2256
- Year Built: 1900
- Above Grade Finished Area: 1756
- BelowGradeFinishedArea: 500
- Construction Materials: Masonry
- Levels: 3
- Property Age: 126
- Levels or Stories: 3
- Structure Type: End of Row/Townhouse
- Total Area Sqft: 2256
- Total Below Grade Area: 500
- Architectural Style: Traditional
Location
Lat 40.03876 · Lng -75.16125