2 ELMWOOD AVE Norwood, PA 19074

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!