2703 W Glenwood Avenue

Philadelphia, PA 19121

Introducing 2703 Glenwood. New Construction DUPLEX. Located in one of the hottest neighborhoods in Philadelphia Brewerytown!!! The building has 2 units. Great opportunity for first time home BUYER or INVESTOR / 1031 Exchange. Lower Unit A has already been Rented out @ $1,795 per month. Live in one and rent the other out, or receive rental income from both units. Brewerytown is booming and the rental market here is strong. Unit A is a 1350 SF 3BD / 2BA Bi-level apartment with rear yard and rented for 1,795/month. Unit B is a 1470 SF 3BD / 3BA Bi-level apartment with a skyline roof deck, pro forma rent of 2,300/month. Pro forma annual rent: $51,600, Pro forma CAP: 6.0 %. Both Unit's feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Hardwood floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and Full Size W/D in both units. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe, Monkey and the Elephant, and Aldi. Easy access to Fairmount Park, the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Kelly Drive and I-76. Brought to you by Design Pro Development. Approved 10-YEAR TAX ABATEMENT and 1 yr Builder Warranty. Property is located in the Qualified Opportunity Zone!!! Seller can Provide an introduction to lender who will provide 75% LTV, 3.95% Rate for Qualified Investors!