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MLS: #PAPH2626328, Listed By: ERIC Dvotsky, BHHS Fox & Roach-Center City Walnut, Source:Bright MLS

540 Edgley Street

PHILADELPHIA, PA 19122
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Bed 3

Bed

Bath 3

Bath

SqFt1,470

Sqft

Acres0.01

Acre(Lot)

Welcome to 540 Edgley St, a beautifully designed newer construction home located in the rapidly developing Norris Square / Ludlow corridor of Philadelphia. This modern residence presents an exceptional opportunity for both homeowners and investors seeking strong long-term upside in one of the city’s most active growth markets. Surrounded by ongoing redevelopment, increasing rental demand, and continued neighborhood appreciation, the property is ideally positioned just minutes from Temple University, where the surrounding area continues to see consistent demand from students, young professionals, and renters seeking modern housing close to campus, transit, and Center City. Offering approximately 1,400 square feet of thoughtfully designed living space, the home features the flexibility for t hree full bedrooms, including a fully finished basement that can easily function as an additional bedroom suite with its own en-suite bathroom. The main living level features an open-concept layout with spacious living and dining areas flowing seamlessly into a modern chef’s kitchen, creating an ideal setup for both entertaining and everyday living. The property includes two full bathrooms and one half bathroom, along with custom closet solutions throughout the home for added functionality and convenience. Outdoor living is another standout feature, with both a private rear yard and a spacious roof deck perfect for entertaining, relaxing, or enjoying skyline views. Additional highlights include dual-zone HVAC systems for year-round comfort and ample nearby street parking. For investors, this property is especially attractive due to the old full 10-year tax abatement with a little over six years remaining, significantly reducing ownership expenses and enhancing overall cash flow potential. The property is currently occupied by a PHA-backed tenant paying $2,061 per month while also covering all utilities, providing stable, government-backed income with minimal landlord expense responsibility. Combined with strong rental demand driven by nearby Temple-area housing needs and continued investment throughout Norris Square and Ludlow, 540 Edgley St offers a rare opportunity to acquire a modern, low-maintenance asset positioned for long-term appreciation and stable rental performance in one of Philadelphia’s fastest-growing residential corridors.

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Detail Ic Property Details

Property Type : Residential

Price : $349,900

AD Id : 79473338

MLS Id : PAPH2626328

Beds : 3

Lot Size : 0.01 Acre

Living Area Size : 1,470

Year Built : 2023

County : PHILADELPHIA

Subdivision: Ludlow

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Finished
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2023 Building Area Total: 1470 Construction Materials: Brick Veneer Stories: 3 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 14.00 x 37.00 Lot Size Acres: 0.01 Lot Size Source: Assessor Lot Size Square Feet: 518

    Property Information

    Subdivision: LUDLOW Source Property Type: Residential Postal Code Plus 4: 14 Property SubType: Townhouse Levels: Three Or More Property Age: 3

  • Listing Price Information

    Listing Price: $349900

  • Tax Information

    Parcel Number: 191386900 Tax Lot: 73 Tax Year: 2025 Annual Tax: $1738

  • Parking Information

    None

  • Location Information

    Direction: Use GPS WaterSource: Public
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Nearby Home Value

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1812 N Front Street, Philadelphia, PA, 19122 $284,999 4 3 1,611 1,611 SqFt
2006 N Front Street, Philadelphia, PA, 19122 $754,900 4 4 2,939 2,939 SqFt
2035 N Hope Street, Philadelphia, PA, 19122 $295,900 2 1 846 846 SqFt
1742 N Hope Street, Philadelphia, PA, 19122 $779,000 3 3 2,880 2,880 SqFt
1746 N Hope Street, Philadelphia, PA, 19122 $779,900 3 3 2,880 2,880 SqFt
1511 N Howard Street, Philadelphia, PA, 19122 $625,000 3 3 2,132 2,132 SqFt
1760 N Howard Street, Philadelphia, PA, 19122 $750,000 3 3 2,883 2,883 SqFt
125 W Susquehanna Avenue, Philadelphia, PA, 19122 $899,000 6 4 3,365 3,365 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/23/2026 @ 21:09

MLS: PAPH2626328 LISTED BY: ERIC Dvotsky, BHHS Fox & Roach-Center City Walnut 215-627-6005 SOURCE: Bright MLS

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