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    2001 S Norwood St Philadelphia, PA 19145

    Sponsored
    For Sale
    $480,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    1,530 SF
    Lot size:
    0.02 Acres
    Days on Market:
    196
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2001 S Norwood St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    1,530 SF
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Masonry
    Architectural style
    Other

    HomeStarr Realty (215) 355-5565 [email protected]

    Listing agent Gerald P Hill (215) 355-5565 License #RM421402

    Listing date Jun 24, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Philadelphia Duplex with Tax Abatement

    This newly remodeled duplex is located in the West Passyunk neighborhood of Philadelphia and includes a tax abatement. The property features new plumbing, HVAC systems, a new roof, and updated flooring. The property is currently income-producing with two tenants in place. Both tenants are responsible for all utilities, including water. Unit A is a 3-bedroom, 2-bathroom unit with a monthly rent of $1750. Unit B is a 2-bedroom, 1-bathroom unit with a monthly rent of $1350 and a one-year lease. The property is situated in a dynamic and evolving community with local shops, eateries, and cultural attractions, with access to public transportation and major highways. The property size is 1530 square feet and the lot size is 0.02 acres. This duplex presents an opportunity for investors looking to generate passive income. The property is located in Philadelphia, PA 19145.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.18131256
    Latitude
    39.9270401

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    FAQs

    What type of property is this?
    Duplex - Remodeled duplex in West Passyunk with immediate income potential.
    Where is this duplex located?
    The property is located at 2001 S Norwood St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Newly remodeled duplex with new plumbing, HVAC, roof, and flooring.; - Located in the rapidly evolving West Passyunk neighborhood.; - Immediate income-producing property with tenants in place.
    (215) 355-5565
    Request Owner's contact information
    2001 S Norwood St Philadelphia, PA 19145
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    Philadelphia, PA 19145
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2001 S Norwood St Philadelphia, PA 19145
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