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501 Glenwood Ave, Ambridge, PA, 15003

4beds
5baths
--sqft
$385,000
--price/sqft
$2,840/moest. monthly cost
$113,600/yrincome needed

About This Home

501 Glenwood Avenue is a fully renovated, turnkey mixed-use investment property in Ambridge offering immediate income and long-term stability. The property is 100% tenant occupied and includes two residential 2-bedroom units and two commercial storefront spaces. The residential units are updated and well maintained, each with functional layouts and full basements for storage. The commercial spaces provide flexible use potential for office, retail, service, or food-related tenants, supporting diversified income streams. The building has been consistently maintained with recent updates and newer mechanical systems, making it a low-maintenance investment opportunity. Two garages are included for added value and tenant appeal. Located near Merchant Street and convenient to public transportation, the property sits in a revitalizing area with strong local demand drivers. Ideal for investors seeking turnkey cash flow and long-term hold potential.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

4/10
3/10
Ambridge Area High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1904

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5

Property

Details

  • Zoning: Comm
  • Zoning description: Comm

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 0.07

Parking

  • Parking features: Detached,Garage,On Street
  • Has garage: Yes
  • Has uncovered spaces: Yes