540 E Penn St
Listing Notes
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.
Price in context
Cheaper than 12% of the 24 homes listed nearby right now, which run $189,900 to $379,900.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 6246 N Woodstock St | $189,900 | 3 bd · 1.5 ba |
| 5326 Magnolia St | $190,000 | 5 bd · 2 ba |
| 278 E Queen Ln | $215,750 | 3 bd · 1.5 ba |
| 1722 W Nedro Ave | $220,000 | 3 bd · 1 ba |
| 1924 W Sparks St | $229,900 | 3 bd · 1 ba |
| 6423 N 21st St | $229,900 | 3 bd · 2 ba |
| 2110 W Chew Ave | $229,990 | 4 bd · 2 ba |
| 1115 E Stafford St | $239,900 | 4 bd · 2 ba |
| 1103 E Stafford St | $239,999 | 3 bd · 2 ba |
| 5704 Boyer St | $245,000 | 3 bd · 1 ba |
| 6332 Limekiln Pike | $249,000 | 3 bd · 1 ba |
| 35 Ashmead Pl S | $265,000 | 3 bd · 2 ba |
| 364 E Church Ln | $275,000 | 5 bd · 2.5 ba |
| 56 W Penn St | $275,000 | 4 bd · 2 ba |
| 1846 Roselyn St | $279,999 | 3 bd · 2 ba |
| 5334 Lena St | $295,000 | 3 bd · 2.5 ba |
| 1030 E Chelten Ave | $299,000 | 4 bd · 2 ba |
| 1620 Lindley Ave | $309,999 | 4 bd · 1 ba |
| 5652 McMahon St | $310,000 | 3 bd · 1.5 ba |
| 5357 N Sydenham St | $319,900 | 4 bd · 2.5 ba |
| 6114 Ross St | $325,000 | 4 bd · 2.5 ba |
| 5107 N 15th St | $349,000 | 6 bd · 3 ba |
| 5107 N 15th St | $349,000 | 6 bd · 3 ba |
| 5110 Greene St | $379,900 | 4 bd · 1.5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more