340 South Avenue, Norwood, PA 19074
- $462,500
- 4,104
- SqFt
- Sold Price
- $462,500
- List Price
- $550,000
- Closing Date
- May 11, 2026
- Days on Market
- 6
- Status
- CLOSED
- MLS#
- PADE2110168
- Living Area
- 4,104
- Style
- Bi-level
- Year Built
- 1957
- County
- Delaware
- School District
- Interboro
Property Description
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.
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Additional Information
- Area
- Norwood Boro (10431)
- Taxes
- $12032
- School District
- Interboro
- Heating
- Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Premier Property Management & Realty LLC. Contact:
Selling Office: .