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2701 W Glenwood Ave
For Sale $550,000
$550,000
- 3 Units
- Unknown Sq Ft
- 1,212 Sq Ft
- Unknown Cap Rate
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.
This property won't last long in the market. Schedule a viewing today to experience the allure of 2701 W Glenwood Ave.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $550,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871542630 |
| MLS # | PAPH2358924 |
| Property ID | 320528838 |
| Lot Sqft | 1,212 |
| Zoning | CMX1 |
| Total Units | 3 |
| Days on Market | 241 |
| Original List Price | Unknown |
| Date Updated | January 02, 2025 |
| Date Created | May 24, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
William Avdula Ndreu an agent of . Lic #RS323422
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Data last updated: January 20, 2025.
Robert Crawford
REAL ESTATE AGENT