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240 W GLENWOOD AVENUE 42

PHILADELPHIA , PA 19140

MLS#: PAPH2488654

$375,000

Status: Active
Listing number: PAPH2488654
Listing provided by: HomeSmart Realty Advisors
Listing agent phone: None
Last update: 4 days ago
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Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

3,167

Price per SqFt

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    6

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Parking

    Off Street, On Street, Garage, Covered, Detached

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Traditional

Financial

  • Sales Price

    $375,000

  • Tax Amount

    5835.0

Property Features

  • Senior Community YN

    No

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Location

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PHILADELPHIA

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Listing Courtesy of Oleksandr Kovtun , HomeSmart Realty Advisors

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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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.

240 W GLENWOOD AVENUE 42

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