Turnkey income-producing quadruplex in Norwood featuring four spacious 2-bedroom, 1-bath units, all updated with durable LVP flooring and fully occupied with paying tenants, providing immediate cash flow. Property is being professionally managed by Premier Property Management and Realty LLC who is located 5 minutes down the street from the property. Current rent roll: 340 South Ave Unit A: $1,035/month 340 South Ave Unit B: $1,000/month 342 South Ave Unit A: $1,000/month 342 South Ave Unit B: $1,350/month The property offers strong upside potential, with room to increase rents to market rates and further enhance returns. All utilities are separately metered, with gas, electric, and water paid by the tenants, helping keep owner expenses low. Ideal for investors seeking a stable, cash-flowing asset with value-add potential in a convenient Delaware County location.
Listed By
Agency Name: Premier Property Management & Realty LLC
Agency Phone: 6109247284
Shown By
Agent Name: Keith Crowell
Agent Phone: (609) 915-1233
Agency Title: RealtyMark
Estimated Payment
$ 2,387.14 per month $1,224.06 Principal & Interest $1,002.67 Property Tax $160.42 Homeowner's Insurance
340 342a South Avenue | MLS# PADE2110168
This multi-family property located at 340 342a South Avenue , Norwood, PA 19074 is currently listed for sale with an asking price of $550,000. 342a South Avenue is located within the INTERBORO school district. Search Norwood real estate on kcrowell.realtymark.net today.