MLS#PAPH2589972
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
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. Current 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 total gross monthly rent of $5,200 and an impressive 11% 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 Occupied with a long term tenant paying 1,800 a month with 5 percent yearly increases.
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Electric
Heating: Heat Pump(s)
Lot Size: 0.03 Acres
Taxes: $1,706
Year Built: 1915
Feature Descriptions
Days on Site: 27
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 3
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: RE/MAX One Realty
Agency Phone: 2154672892
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
2701 W Glenwood Avenue | MLS# PAPH2589972
This commercial property located at 2701 W Glenwood Avenue, Philadelphia, PA 19121 is currently listed for sale with an asking price of $500,000. W Glenwood Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymarkllc.com today.