240 W GLENWOOD AVENUE
Philadelphia, PA 19140
2467 sqft | 6 beds | 4 baths | 0.03 acres | #PAPH2490100
Description
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.
Property Details
- Utility FeaturesElectric Available, Water Available, Sewer Available
- BasementFully Finished
- SubdivisionNONE AVAILABLE
- Sewer InformationPublic Sewer
- MLS #PAPH2490100
- Property SubtypeResidential
- MLS #PAPH2490100
- Property TypePurchase
- Utility SourcePublic
- Taxes Annual$5,835
- Cost400000
- Acres0.03
- Square Feet2467
- Year Built1915
- FoundationSlab
- Bedrooms6
- Bathrooms4
- Full Baths4
- Parking Spaces2
Location
Legal
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Last Updated: . Source: BRIGHT
Listing Courtesy
Listing Agent: Oleksandr Kovtun (#3291361), Phone: (818) 321-0704, Email: yourrealtoralexk@gmail.com
Listing Office: HomeSmart Realty Advisors (#SOLDIER)

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