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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $284.6K more than the Median Sold Price and $38/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
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,813
Per Month
Principal & Interest
$2,746
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,715
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Richard R. Wright Elementary School
2700 W Dauphin St
Distance between this listing and this school0.35 miles
Public District Grades KG-5
1
/10
Thomas May Peirce Elementary School
2300 W Cambria St
Distance between this listing and this school1.08 miles
Public District Grades KG-6
2
/10
Kipp North Philadelphia Charter School
2539 N 16th St
Distance between this listing and this school1.21 miles
Public Charter Grades KG-6
Nearby Schools
2
/10
Edward Gideon School
2817 W Glenwood Ave
Distance between this listing and this school0.11 miles
Public District Grades KG-8
3
/10
Blaine Academics Plus School
3001 W Berks St
Distance between this listing and this school0.23 miles
Public District Grades KG-8
4
/10
William Dick School
2498 W Diamond St
Distance between this listing and this school0.30 miles
Public District Grades KG-8
Nearby Schools
3
/10
Strawberry Mansion High School
3133 Ridge Ave
Distance between this listing and this school0.42 miles
Public District Grades 9-11
2
/10
Vaux Big Picture High School
2300 W Master St
Distance between this listing and this school0.67 miles
Public District Grades 12-12
2
/10
Dobbins Avt High School
2150 W Lehigh Ave
Distance between this listing and this school0.93 miles
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. Most residents in this area have high school diploma education.
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.
Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.