PA > Philadelphia
Philadelphia, PA 19140,240-42 W GLENWOOD AVE
Philadelphia, PA 19140,240-42 W GLENWOOD AVE
Philadelphia, PA 19140,240-42 W GLENWOOD AVE
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John Coleman

John Coleman

Coleman Residential

+1(202) 427-9689
Listed by Oleksandr Kovtun • HomeSmart Realty Advisors
$400,000
Est. payment /mo
2,467 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,467 sqft

Price per Sqft $162

MLS Listing ID PAPH2488654

Style Traditional

Abv Grd Liv Area 2,467

Year Built 1915

Annual Tax Amount $5,835

Tax Year 2024

Lot Size 1,302 Sqft

Acres 0.03

Lot Dimensions 65.00 x 66.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property 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.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Interior

Hot Water Electric

Heating Wall Unit

Cooling Window Unit(s)

Fireplace N

Heat Source Electric

Exterior

Parking Features Covered Parking

Garage Spaces 2.0

Utilities Available Electric Available, Water Available, Sewer Available

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 2

Garage Y

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 193253800

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
agent
John Coleman

REALTOR® | OWNER | License ID: SP98375761

+1(202) 427-9689 | john@colemanresidential.com

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