240-42 W Glenwood Ave, Philadelphia, PA 19140

Local realty services provided by:ERA Reed Realty, Inc.
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 18, 2026 at 12:44 AM

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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