Philadelphia, PA 19140 240 W Glenwood Avenue

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Presented By: HomeSmart Realty Advisors
  • MLS# PAPH2488654
  • 05/30/2025
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  • Beds • 6
  • Garage • 2

Home Details

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.
Presented By: HomeSmart Realty Advisors

Interior Features for 240 W Glenwood Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 240 W Glenwood Avenue

Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
Architectural StyleTraditional
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsTurn left onto N Front St, Turn right onto W Venango St, Continue onto W Glenwood Ave
Garage Spaces2.00
Garage Y/NYes
Gross Income43800.00
HeatingWall Unit
Lease TypeMonth to Month
Lot Size Square Feet1302.00
Lot Size UnitsSquare Feet
MLS Area19140 (19140)
ModificationTimestamp2025-06-12T09:36:40
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
NumberOfUnitsVacant2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG152.01
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount5835.0
Tax Assessed Value416900.0
Tax Lot30
Tax Year2024
Total SQFT2467
Two Bedroom3
UtilitiesElectric Available, Water Available, Sewer Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM1

Exterior for 240 W Glenwood Avenue

# of Detached Garage Spaces2
Foundation DetailsSlab
Garage FeaturesCovered Parking
Land Assessed Value83380.00
Land Use CodeU50
Lot Dimensions65.00 x 66.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingDetached Garage, On Street, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $375,000
MLS#PAPH2488654
List Date 05/30/2025
Property Type Multi-Family
Phone 703.929.4729
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