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Listed by William Avdula Ndreu • RE/MAX One Realty
$520,000
Est. payment /mo
1,212 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2548724
Year Built 1915
Annual Tax Amount $1,706
Tax Year 2023
Lot Size 1,212 Sqft
Acres 0.03
Lot Dimensions 19.00 x 63.00
Property Sub-Type Mixed Use
Source BRIGHT
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.
Third floor unit currently has an active Airbnb license.
Second floor unit is currently rented at $1,400 a month.
Commercial space is vacant.
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.
Third floor unit currently has an active Airbnb license.
Second floor unit is currently rented at $1,400 a month.
Commercial space is vacant.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871542630
Ownership Fee Simple
Special Listing Condition Standard
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