Bought with Damon C. Michels • KW Main Line - Narberth
$286,000
$294,500
2.9%For more information regarding the value of a property, please contact us for a free consultation.
2,189 SqFt
SOLD DATE : 09/08/2025
Key Details
Sold Price $286,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,189 sqft
Price per Sqft $130
Subdivision Germantown
MLS Listing ID PAPH2483860
Sold Date 09/08/25
Style Traditional
Year Built 1940
Annual Tax Amount $3,047
Tax Year 2025
Lot Size 1,392 Sqft
Acres 0.03
Lot Dimensions 16.00 x 87.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Seller would consider Owner Financing- please contact the co-listing agent for further information. Investor alert! 240 Apsley Street is a well-maintained legal triplex in the rapidly developing Wayne Junction section of Germantown—just steps from the brand-new train station. This fully occupied property features three 1-bedroom, 1-bath units with long-term tenants, separated utilities, and low annual expenses of approximately $6,000. Gross yearly income is $32,700 with room for growth. The first-floor tenant enjoys access to a spacious backyard, while the third-floor unit features a private roof deck. The property still showcases original architectural details and has been well cared for by the same partners for over 40 years. With strong fundamentals and value-add potential, this is a rare opportunity in a high-growth area. Financials available upon request.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Interior Features Bathroom - Tub Shower, Ceiling Fan(s), Wood Floors
Hot Water Natural Gas
Heating Radiator, Baseboard - Electric
Cooling Window Unit(s)
Flooring Hardwood
Equipment Refrigerator, Oven/Range - Electric
Fireplace N
Appliance Refrigerator, Oven/Range - Electric
Heat Source Natural Gas, Electric
Exterior
Exterior Feature Porch(es)
Water Access N
Accessibility None
Porch Porch(es)
Garage N
Building
Lot Description Rear Yard
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 133030100
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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