1. Pennsylvania
2. Philadelphia
3. 240 W GLENWOOD AVENUE

240 W GLENWOOD AVENUE, Philadelphia, PA 19140

• 2,467 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

Date Added:

June 5, 2025 at 05:00AM

Listing Office:

HomeSmart Realty Advisors : 2156041191

Listing Agent:

Oleksandr Kovtun : 8183210704

MLS ID:

PAPH2488654

Interior

• A/C: Window Unit(s)
• Heating: YWall UnitElectric
• Disability Feature: 2+ Access Exits

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Oleksandr Kovtun, HomeSmart Realty Advisors