Property
Philadelphia, PA 19140 240 W Glenwood Avenue
$425,000
8 more
Presented By: Genesis Real Estate Services
Beds • 6- Garage • 2
Beds • 6
Garage • 2Home Details
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 spacea 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.
Presented By: Genesis Real Estate Services
Interior Features for 240 W Glenwood Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 240 W Glenwood Avenue
Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsTurn left onto N Front St, turn right onto W Venango St, and continue onto W Glenwood Ave
Garage Spaces2.00
Garage Y/NYes
HeatingWall Unit
Living Area2467
Lot Size Square Feet1302.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
Number of Units Leased1
NumberOfUnitsVacant2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG172.27
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount5835.0
Tax Assessed Value416900.0
Tax Lot30
Tax Year2025
Total SQFT2467
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM1
Exterior for 240 W Glenwood Avenue
# of Detached Garage Spaces2
Foundation DetailsSlab
Garage FeaturesCovered Parking
Land Assessed Value83380.00
Land Use CodeU50
Lot Dimensions65.00 x 66.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces2
Type of ParkingDetached Garage, Off Street, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner