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240-42 W Glenwood Avenue

PHILADELPHIA, PA 19140
  • $425,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: PAPH2553390
$425,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,467
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

School District:

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.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-11-18T23:52:17.61.
www.mcclainwilliamson.com/homes/169339514
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240-42 W Glenwood Avenue PHILADELPHIA, PA 19140

  • Price: $425,000
  • Status: Active
  • On Site: 20 Days
  • ID#: PAPH2553390
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,467
SQFT
$172
$/SQFT
1915
Built
Neighborhood:
19140 (19140)
County:
Philadelphia
Area:
19140 (19140)
School District:
Philadelphia City
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.
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage Spaces 2.00 Garage Type Covered Parking Garage YN Yes Parking Types Detached GarageOff StreetOn Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2467 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Heating Wall Unit Heating YN Yes Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 3

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel Electric Foundation Details Slab Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 4 Number Of Units Vacant 2 Original MLSNumber 804276009884 Ownership Interest Fee Simple Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 5835.00 Tax Lot 30 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Genesis Real Estate Services: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-11-18T23:52:17.61.
 
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McClain-Williamson Realty, LLC.
47 Main St.
East New Market MD, 21631