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.
Listed by Maria I Falu-Rodriguez
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License #RM422414
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Genesis Real Estate Services
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2156689135
Last updated October 31, 2025
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Source: BrightMLS #PAPH2553390
Listing Facts
TypeMulti-family
NeighborhoodUpper Kensington
Days on Prevu21
Taxes$5,835/year
Size2,467 sqft
Price per sqft$172
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/29/2025
Listed by Genesis Real Estate Services
$425,000
Property Details for 240 W Glenwood Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1915
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.03
Lot Size Dimensions: 65
Lot Size Source: Assessor
Lot Size Square Feet: 1,302
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $5,835.00
Tax Year: 2025
Interior
Features
Fireplace: No
Spa: No
Measurements
Living Area: 2,467
Living Area Source: Assessor
Rooms
Basement: Fully Finished
Has Basement: Yes
Other
Features
Accessibility Features: 2+ Access Exits
Location
Tax Lot: 30
Parking
Parking
Garage Spaces: 2
Garage: Yes
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Wall Unit
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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