Investor alert! 240 Apsley Street is a well-maintained legal triplex in the rapidly developing Wayne Junction section of Germantownjust 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.
Presented By: KW Main Line - Narberth
Interior Features for 240 W Apsley Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesBathroom - Tub Shower, Ceiling Fan(s), Wood Floors
General for 240 W Apsley Street
AccessibilityNone
AppliancesRefrigerator, Oven/Range - Electric
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsPulaski Ave to Apsley St
ExclusionsTenant's Property Including 3rd floor washer and dryer
Garage Y/NNo
HeatingRadiator, Baseboard - Electric
Lot Size Square Feet1392.00
Lot Size UnitsSquare Feet
MLS Area19144 (19144)
ModificationTimestamp2025-05-16T16:38:53
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Patio/Porch FeaturesPorch(es)
PossessionNegotiable
Price Per Sq Ft Total AG153.04
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
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