$540,000

Estimated payment $3,084/month

Total Views 2,081
-- Bed
-- Bath
2,304 Sq Ft
$234 Price per Sq Ft

Highlights

  • Central Air
  • Heat Pump System
  • 5-minute walk to Hank Gathers Youth Access Center

About This Home

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.

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

Listing Agent

William Ndreu

RE/MAX One Realty License #RS323422 Listed on: 01/02/2025

RE/MAX One Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,706

Year Built

  • Built in 1915

Lot Details

  • 1,212 Sq Ft Lot
  • Lot Dimensions are 19.00 x 63.00

Home Design

  • 2,304 Sq Ft Home
  • Triplex
  • Permanent Foundation
  • Masonry

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 871542630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,706

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: 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. This property won't last long in the market. Schedule a viewing today to experience the allure of 2701 W Glenwood Ave.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Total Sq Ft: 2304
  • Living Area Sq Ft: 2304
  • Price Per Sq Ft: 234.38
  • Above Grade Finished Sq Ft: 2304
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2701

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: S50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 19.00 x 63.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1212.00
  • Year Assessed: 2024
  • Zoning: CMX1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 955.00
  • Tax Annual Amount: 1706.00
  • Assessor Parcel Number: 871542630
  • Tax Lot: 49
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,706 $147,000 $29,400 $117,600
2024 $1,706 $147,000 $29,400 $117,600
2023 $1,706 $121,900 $24,380 $97,520
2022 $1,013 $121,900 $24,380 $97,520
2021 $1,013 $0 $0 $0
2020 $1,013 $0 $0 $0
2019 $1,004 $0 $0 $0
2018 $976 $0 $0 $0
2017 $738 $0 $0 $0
2016 $738 $0 $0 $0
2015 $706 $0 $0 $0
2014 -- $52,700 $8,189 $44,511
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $540,000 +22.7% $234 / Sq Ft
02/03/2025 02/03/25 Price Changed $440,000 -20.0% $191 / Sq Ft
01/02/2025 01/02/25 For Sale $550,000 +197.3% $239 / Sq Ft
05/25/2023 05/25/23 Sold $185,000 -7.5% $80 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $200,000 -11.1% $87 / Sq Ft
04/29/2023 04/29/23 For Sale $225,000 +21.6% $98 / Sq Ft
04/28/2023 04/28/23 Off Market $185,000 -- --
10/20/2022 10/20/22 Price Changed $225,000 -8.2% $98 / Sq Ft
08/18/2022 08/18/22 For Sale $245,000 -- $106 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $185,000 None Listed On Document
Deed $70,000 None Available
Interfamily Deed Transfer -- None Available
Deed $5,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2431736

Bright MLS

APN: 871542630