2701 W GLENWOOD AVE Active

Philadelphia,PA 19121

$ 550000

- Bed

- Bath

2304 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,304 sqft

Price per Sqft $238

MLS Listing ID PAPH2313972

Style Other

Abv Grd Liv Area 2,304

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,706

Tax Year 2024

Lot Size 1,212 Sqft

Acres 0.03

Lot Dimensions 19.00 x 63.00

Property Description

Welcome to 2701 W Glenwood Ave – a meticulously renovated triplex offering a perfect blend of contemporary design and functionality. This property boasts a prime location with a fully updated exterior featuring brand new stucco.

The second and third-floor units feature two spacious bedrooms and a generously sized bathroom, adorned with marble tiles and modern ceramic tiling.
Luxurious kitchens showcase designer cabinets with sleek quartz countertops, complemented by new stainless steel appliances.
Enjoy the elegance of exposed brick walls, iron railings, and the warmth of recessed lighting.
Both units come complete with the convenience of washer and dryers.

All mechanical systems in the property are brand new, ensuring efficient and reliable performance.

The first floor is dedicated to a commercial space, perfect for various business ventures.
Projected rent for the commercial space is $2,000 per month, offering a lucrative opportunity.

Each unit boasts luxury vinyl plank flooring, ensuring a stylish and low-maintenance living environment.
The property promises a hassle-free lifestyle with modern amenities, including iron railings and recessed lighting.
A fully finished basement adds to the versatility of the space.

With a projected total gross monthly rent of $5,000 and an impressive 9% cap rate, this property presents an excellent investment opportunity.
Don't miss out on the chance to own a new building with a combination of residential and commercial spaces.

This property won't last long in the market. Schedule a viewing today to experience the allure of 2701 W Glenwood Ave.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX1

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871542630

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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