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2 ELMWOOD AVE Norwood, PA 19074
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Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,471 sqft
Price per Sqft $166
MLS Listing ID PADE2023760
Sold Date 07/01/22
Style Colonial
Abv Grd Liv Area 1,471
Originating Board BRIGHT
Year Built 1944
Annual Tax Amount $5,836
Tax Year 2021
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 94.00 x 150.00
Property Description
LOOKING FOR A FANTASTIC INVESTMENT OPPORTUNITY OR RENTAL INCOME TO OFFSET YOUR MORTGAGE in NORWOOD? WELL, LOOK NO FURTHER! This fantastic corner lot duplex sits on a quaint, tree-lined street with sidewalks, & features two separate one-bedroom units, each with their own unique touches. Unit one (approx. 900 sq ft) encompasses the entire first level of this home. As you enter, you are greeted by a cozy Living Room that opens up to a Home Office or Den area (formally a second bedroom), with vinyl and hardwood floors throughout, & an abundance of natural light. The nice-sized Living Room directly leads into the Eat-in Kitchen, complete with updated cabinetry, subway tile backsplash, dishwasher, and vinyl flooring. Laundry area on first floor unit leads to direct access to the backyard which has off street parking and storage shed. The spacious bedroom has a walk-in closet for extra storage needs. The one Bedroom, one Bathroom second unit (approx. 560 sq ft) has separate front entrance, interior porch with enough space to store a bicycle. Upstairs you will find a nice sized bedroom, separate living room, bath and nestled in the back of the unit is the Eat-in Kitchen featuring ample wooden cabinetry. Unit ones rent is currently $1085 per month, and unit twos rent is $900 per month. As of June 30, the 1st floor tenants lease is up for renewal & the 2nd floor tenant is on a month-to-month lease. This home is completed with a full basement that can be accessed through the first unit or through a separate outdoor entrance and separate electrical panels and gas hot water heaters (installed 2021) and meters for each unit. The landlord pays the water & gas heat. This property would be great for any investor or an owner occupant who wants to have an income producing property!
Location
State PA
County Delaware
Area Norwood Boro (10431)
Zoning R-20
Interior
Interior Features 2nd Kitchen, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, Tub Shower, Walk-in Closet(s)
Hot Water Electric
Cooling Window Unit(s), Wall Unit
Flooring Carpet, Hardwood, Laminated, Laminate Plank
Equipment Built-In Range, Dishwasher, Dryer, Microwave, Oven - Self Cleaning, Refrigerator, Washer
Fireplace N
Appliance Built-In Range, Dishwasher, Dryer, Microwave, Oven - Self Cleaning, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
Roof Type Asphalt
Accessibility 2+ Access Exits
Total Parking Spaces 2
Garage N
Building
Lot Description Corner
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Norwood School
Middle Schools Norwood
High Schools Interboro
School District Interboro
Others
Tax ID 31-00-00375-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Exchange, Private
Listing Terms Cash, Conventional, Exchange, Private
Financing Cash,Conventional,Exchange,Private
Special Listing Condition Standard
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Bought with Non Member • Non Subscribing Office