$520,000

2701 W GLENWOOD AVE, Philadelphia, PA 19121

  • 3,104 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $168/sqft
  • Property List Date Icon Listed 1 day ago

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 $1,800 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. Third floor unit currently has an active Airbnb license. Second floor unit is currently rented at $1,400 a month. Commercial space is vacant.

Listing Status:
Active
Listing Office:
RE/MAX One Realty : 2154672892
Listing Agent:
William Avdula Ndreu : 8567013512
MLS ID:
PAPH2548746
  • A/C: Central A/C
  • Heating: Heat Pump(s)Electric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • General: MasonryPermanent
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: CMX1871542630
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of William Avdula Ndreu, RE/MAX One Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edward Gideon School

2817 W Glenwood Ave, Philadelphia, PA, 19121

Grades KG-8

0.12 miles away

E

Edward Gideon School

2817 W Glenwood Ave, Philadelphia, PA, 19121

Grades KG-8

0.12 miles away

S

Strawberry Mansion High School

3133 Ridge Ave, Philadelphia, PA, 19121

Grades 9-11

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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