240-42 W GLENWOOD AVE, Philadelphia, PA 19140

• 2,467 sqft

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.

Listing Status:

Active

Listing Office:

Genesis Real Estate Services : 2152266200

Listing Agent:

Maria I Falu-Rodriguez : 2156689135

MLS ID:

PAPH2553390

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

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Maria I Falu-Rodriguez, Genesis Real Estate Services