240-42 W Glenwood Ave, Philadelphia, PA 19140

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.