10 months on rocket

2701 W Glenwood Ave, Philadelphia, PA, 19121

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
2,304 SqFt
$239/SqFt
Multi

Location

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2701 W Glenwood Ave, Philadelphia$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1915
HeatingHeat Pump
CoolingCentral Air
MLS #PAPH2313972
Lot Size0.03 Acres
StatusActive
(ACTIVE)

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

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1915
  • Living Area: 2,304 SqFt

Listing Office:

  • Office Name: RE/MAX One Realty
  • Office Phone: (215) 467-2892
  • Listing Agent: William Avdula Ndreu

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: .

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $1,013
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

2701 W Glenwood Ave vs Philadelphia

308 DAYS ON ROCKET

+264 Days

$550,000

+$288.1K More

$239/SqFt

+$40 More

KEY TAKEAWAY

This property is $288.1K more than the Median Sold Price and $40/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2313972

Listing Office:

  • Office Name: RE/MAX One Realty
  • Office Phone: (215) 467-2892
  • 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. ©2024 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: 11/22/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2019Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,013 -
2019$1,003$71,700
2018$976$69,700
2017$738$52,700

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-517635
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-517636
1
/10

  • Thomas May Peirce Elementary School

  • 2300 W Cambria St

  • 1.08 miles

  • Public District Grades KG-6

school-card-donut-517637
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 1.21 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›2701 W Glenwood Ave

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. It has been listed on Rocket Homes since January 18, 2024 and is currently priced at $550,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. The median list price of listings available in October 2024 was $261,807, while the average time on the real estate market was 44 days.

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

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