$6,531

closing credit¹

2701 W Glenwood Ave Philadelphia, PA 19121

$550,000
2,304 sqft
0.03 acres
$239 / sqft
Multi-Family

Property details

About 2701 W Glenwood Ave

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.

Highlights

Home typeTriplex
HeatingHeat Pump
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,304 sqft
Lot size0.03 Acres
Year built1915
MLS #PAPH2431736

Summary

  • MLS Number: PAPH2431736
  • MLS Name: BRIGHT
  • Office Name: RE/MAX One Realty
  • Office Phone: (215) 467-2892
  • Office Email: jbenson@remax-one.com
  • Listing Agent: William Avdula Ndreu

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 6:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$550,000

2701 W Glenwood Ave

$6,531

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 23, 2019
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2020$0$1,013
2019$71,700$1,003
2018$69,700$975
2017$52,700$737

History based on county public records data.

Nearby schools

1

Richard R. Wright Elementary School

Public District KG-5

0.4 mi

2700 W Dauphin St

1

Thomas May Peirce Elementary School

Public District KG-6

1.1 mi

2300 W Cambria St

2

Kipp North Philadelphia Charter School

Public Charter KG-6

1.2 mi

2539 N 16th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,911. Typical income of Philadelphia, PA residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

70%
<35k
25%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

58%
Single, No Kids
28%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2701 W Glenwood Ave in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 2,304 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $550,000.

In December 2024, from all listings sold in Philadelphia, PA there were more than 218 sold above asking price, over 580 sold below and more than 229 were sold right at the asked price. In December 2024 in Philadelphia, PA there were 2.3% less homes for sale than in November. The median list price of listings available in December 2024 was $267,873, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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