240-42 W Glenwood Ave, PHILADELPHIA, PA 19140

Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
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240-42 W Glenwood Ave,PHILADELPHIA, PA 19140
$375,000
  • 6 Beds
  • - Baths
  • 3,167 sq. ft.
  • Multi-family
  • Active
Listed by:oleksandr kovtun
Office:homesmart realty advisors
MLS#:PAPH2488654
Source:BRIGHTMLS

Price summary

  • Price:$375,000
  • Price per sq. ft.:$118.41

About this home

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

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Home facts

  • Year built:1915
  • Listing Id #:PAPH2488654
  • Added:77 day(s) ago
  • Updated:August 16, 2025 at 01:27 PM

Rooms and interior

  • Bedrooms:6
  • Living area:3,167 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Electric, Wall Unit

Structure and exterior

  • Year built:1915
  • Building area:3,167 sq. ft.
  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$118.41
  • Tax amount:$5,835 (2024)

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