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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. First-floor and third-floor units are currently vacant. The second-floor unit is tenant-occupied on a month-to-month lease at $1,100/month. Previous rents were $1,300/month for the 1st floor and $1,000/month for the 3rd 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.

Source: BRIGHT MLS, MLS#: PAPH2632556

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  • Property Type
    Residential Income
  • Lot
    0.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 240-42 W GLENWOOD AVENUE

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/10/2026Source: BRIGHT MLS Added to Database
June 10, 2026
Listing provided courtesy of Genesis Real Estate Services- MLS# PAPH2632556MLS ProviderContact Information: [email protected] - 2152266200