240 West Glenwood Ave Philadelphia, PA 19140
For Sale
1 / 13
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. First-floor and third-floor units are currently vacant. The second-floor unit is tenant-occupied on a month-to-month lease at $1,100/month. Previous rents were $1,300/month for the 1st floor and $1,000/month for the 3rd 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. County: PHILADELPHIA MLS Area: 19140 (19140) School District Name: PHILADELPHIA CITY SchoolDistrictSource: Listing Agent School District County ID: 803408593408
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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