$460,000

For sale

2001 S••••• Norwood St (Sign up for 50 free credits to unlock)Philadelphia, PA 19145

-Beds
-Baths
1,530Sq Ft Living
816Sq Ft Lot
1920Year Built

Property Description

Calling all investors! Welcome to your newly remodeled duplex nestled in the vibrant West Passyunk neighborhood of Philadelphia with a TAX ABATEMENT. This stunning property offers an exceptional opportunity for both homeowners and investors alike. Boasting a recent overhaul, this duplex features brand new plumbing, HVAC systems, a fresh roof, and sleek flooring throughout. You can rest assured knowing that every corner of this property has been carefully revitalized to offer modern comfort and convenience. With two tenants already in place, this income-producing gem presents an immediate return on investment. Whether you're looking to diversify your portfolio or generate passive income, this duplex is primed and ready to deliver. Both tenants pay for all utilities including water. The West Passyunk neighborhood itself is a dynamic and rapidly evolving community, making it a prime location for savvy investors and homeowners seeking growth potential. With its eclectic mix of local shops, trendy eateries, and cultural attractions, West Passyunk embodies the essence of urban living with a distinctive flair. Plus, its convenient access to public transportation and major highways ensures seamless connectivity to the rest of the city. Don't miss out on this golden opportunity to own a piece of West Passyunk's bright future. Schedule a showing today and envision the possibilities that await in this thriving neighborhood! Unit A (3 Bed/2 Bath): Rent - $1750 a month. Tenant pays utilities plus water. Unit B (2 Bed/1 Bath): Rent - $1350 a month. One year lease. Tenant pays utilities plus water.

Property Facts & Features

Property Type
Multi Family
Status
For Sale
Listed
Apr 13, 2025
Price per Sq Ft
$301/sqft
ZIP Code
19145
Parking
On Street
Heating
90% Forced Air
Cooling
Central A/C
Construction
Masonry
Style
Straight Thru
Property Tax (2026)
$2,445/yr
Assessed Value
$319,200
Last Sold
$59,000 · Sep 27, 2016
Neighborhood
South Philadelphia
County
Philadelphia
School District
The School District of Philadelphia

Estimated Value

$510,000Range $255,000 to $765,000

Automated estimate. Not an appraisal.

Features & Amenities

Land Info

  • Lot Size Acres: 0.0187328
  • Lot Size Square Feet: 816

Multi-Unit Info

  • Number of Units: 2
  • Number of 1 Bedroom Units: 0
  • Number of 2 Bedroom Units: 1
  • Number of 3 Bedroom Units: 1

Garage and Parking

  • Parking Features: On Street

School Information

  • School District: PHILADELPHIA CITY

Heating and Cooling

  • Cooling Features: Central A/C
  • Heating Features: 90% Forced Air
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 2445
  • Source Listing Status: Active
  • County: PHILADELPHIA
  • Disclaimer: Standard
  • Ownership: Fee Simple
  • Postal Code Plus 4: 2717
  • Township: PHILADELPHIA
  • Property Subtype: Duplex

Building and Construction

  • Total Square Feet Living: 1530
  • Year Built: 1920
  • Above Grade Finished Area: 1530
  • BelowGradeFinishedArea: 0
  • Construction Materials: Masonry
  • Property Age: 106
  • Structure Type: End of Row/Townhouse
  • Total Area Sqft: 1530
  • Architectural Style: Straight Thru

Location

Lat 39.92705 · Lng -75.18132