240-42 W Glenwood Ave, Philadelphia, PA 19140
Local realty services provided by:O'BRIEN REALTY ERA POWERED
240-42 W Glenwood Ave,Philadelphia, PA 19140
$425,000
- 6 Beds
- - Baths
- 2,467 sq. ft.
- Multi-family
- Active
Listed by: maria i falu-rodriguez
Office: genesis real estate services
MLS#:PAPH2553390
Source:BRIGHTMLS
Price summary
- Price:$425,000
- Price per sq. ft.:$172.27
About this home
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.
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Home facts
- Year built:1915
- Listing ID #:PAPH2553390
- Added:111 day(s) ago
- Updated:February 17, 2026 at 03:49 PM
Rooms and interior
- Bedrooms:6
- Living area:2,467 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Electric, Wall Unit
Structure and exterior
- Year built:1915
- Building area:2,467 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$172.27
- Tax amount:$5,835 (2025)
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