2 ELMWOOD AVE Norwood, PA 19074

Rare opportunity for a large beautiful corner lot duplex with great rental history. Lots of investment options which include maintaining current duplex rental units or tear down and build new units. Current owners drew plans for townhomes which may be feasible with the .36 acre lot size. Current home has two 1-2 bedroom units that produce good income in highly desirable rental area within walking distance to train into Center City. Enter through enclosed porch with entrances to each unit. First floor unit has large bedroom, oversized & remodeled bath, updated eat-in kitchen with maple cabinets leading to a laundry room and mud room with separate rear entrance off driveway. Dining room & living room are connected and good sized with 10' ceilings that feel huge! Second floor is currently rented with tenant who will stay. This unit currently being used as a 2 bedroom unit also with updated kitchen & bath. Instant income for either an investor or someone looking to live in one and rent the other to supplement your expenses. Award winning schools that attract good tenants. Newer heater, upgraded electric panel, 2 water heaters, separate electric and gas utilities so tenants can assume responsibility. Lots of potential and even more with a little vision! Being sold as-is. Also listed as a Single Family Home as it can be converted - MLS 6900371.