Philadelphia, PA 19140,240-42 W GLENWOOD AVE
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Philadelphia, PA 19140,240-42 W GLENWOOD AVE
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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Listed by Maria I Falu-Rodriguez • Genesis Real Estate Services
$ 425,000
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240-42 W GLENWOOD AVE Philadelphia, PA 19140

2,467 SqFt


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 $172

MLS Listing ID PAPH2553390

Style Traditional

Abv Grd Liv Area 2,467

Year Built 1915

Annual Tax Amount $5,835

Tax Year 2025

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

Excellent investment opportunity! Well-maintained and upgraded triplex offering strong rental income potential. Each apartment features modern cabinetry, detailed trim, and ceramic tile flooring. Property includes a detached two-car garage providing off-street parking and additional rental income.

Finished basement with full bath and separate entrance offers flexibility for a fourth rental unit, in-law suite, or shared tenant space—a rare feature for this type of property.

Second and third-floor units are currently vacant. First-floor unit is tenant-occupied on a month-to-month lease at $1,150/month (below market rent). Previous rents were $1,050/month for the 3rd floor and $1,100/month for the 2nd floor. The garage is currently rented for $400/month.

With the newly renovated basement, rental income potential increases even further. Ideal for investors or owner-occupants seeking a strong cash-flow opportunity.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Rooms

Basement Fully Finished

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

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 2

Garage Y

Building

Foundation Slab

Above Ground Finished SqFt 2467

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 2467

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)
Mike Williams

Mike Williams

Agent

+1(443) 624-4823

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240-42 W GLENWOOD AVE