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2001 S Norwood StreetPhiladelphia, PA 19145

For Sale

$480,000

Smart Buyer Rebate $4,500

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.

Listed by Gerald P Hill

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License #RM421402

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Homestarr Realty

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2672429172

Last updated June 24, 2025

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Source: BrightMLS #PAPH2467006

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Passyunk
  • Days on Prevu146
  • Taxes$2,445/year
  • Size1,530 sqft
  • Price per sqft$314

Location

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Listing History

06/24/2025
Price Decreased
$480,000
05/20/2025
Price Decreased
$495,000
04/14/2025
Listed by Homestarr Realty
$500,000

Property Details for 2001 S Norwood Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1920
  • Architectural Style: Straight Thru
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.02
  • Lot Size Dimensions: 16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 816
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,445.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,530
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 195

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: 90% Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.