240-42 W GLENWOOD AVE, Philadelphia, PA 19140

• 3,167 sqft

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.

Listing Status:

Active

Listing Office:

HomeSmart Realty Advisors : 2156041191

Listing Agent:

Oleksandr Kovtun : 8183210704

MLS ID:

PAPH2488654

Interior

• Basement: Fully finished
• A/C: Window Unit(s)
• Heating: Wall UnitElectric
• Disability Feature: 2+ Access Exits

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• General: MasonrySlab

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1193253800

Utilities

• Utilities: Electric availableWater availableSewer available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Oleksandr Kovtun, HomeSmart Realty Advisors