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.
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Listing Snapshot
Price
$324,900
Days On Site
81 Days
Bedrooms
7
Inside Area (SqFt)
2,256 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1900
MLS® Number
PAPH2646368
Status
Active
Property Tax
$1,557
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 months ago
Price changed to $324,900
2 months ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Slab
Levels
Three Or More
Parking
On Street
Pets
Yes
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1756
SqFt Below
500
SqFt Total
2256
Style
Traditional
Utilities
Sewer AvailableWater AvailableElectricity Available
Water Source
Public
Zoning
RSA5
Interior Features
Appliances
Gas RangeGas OvenGas Water HeaterStainless Steel Appliance(s)Washer
