240 W Glenwood Ave

Philadelphia, PA 19140
  • $375,000

    Price
  • 6

    Bed
  • Bath
  • 3,167

    SqFt

About the Listing SOLDIER - 3291361

A well-maintained triplex offering exceptional rental income potential. Each of the three spacious units features 2 bedrooms, a full bath, and a kitchen, making this a desirable choice for tenants seeking comfortable living in a convenient location. The property includes a detached 2-car garage, providing off-street parking and additional rental income. A major bonus is the finished basement with a full bath and a separate entrance, offering the flexibility to be used as a fourth rental unit, in-law suite, or communal tenant space, a rare feature for these kinds of properties. Currently the 2nd and 3rd floor are empty, 1st floor is tenant occupied on a month to month lease. Previous leases were $1000/month for 3rd floor, $1100/month for 2nd floor, current tenant pays $1150/month for first floor. Garage is rented out for $400/month. Adding in the freshly renovated basement and the numbers only get better. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this triplex could become one of your best investments.

Listing Highlights for 240 W Glenwood Ave

Status Active
Days on Site 103
Property Type Multi-Family
MLS ® PAPH2488654
Year Built 1915
Total Square Footage 3,167
Lot/Acreage 0.03
County Philadelphia
School District Philadelphia City

Interior Details

  • Bedrooms: 6
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Wall Unit
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2467
  • Below Ground Sq Ft: 700
  • Basement: Fully Finished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 65.00 x 66.00
  • Zoning: RM1
  • Roof:
  • Others: Good,Average
  • Sewer: Public Sewer
  • Parking Features: Covered Parking,Detached Garage,On Street,Off Street,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $5,835
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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Listing Location

Questions About..

240 W Glenwood Ave Philadelphia, PA 19140

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Originating MLS: BRIGHT_MAIN

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