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Pennsylvania 19074 NORWOOD HARRISON 401 HARRISON AVE

401 HARRISON AVE
NORWOOD, PA 19074

$315,000 Price reduced from $325,000 (-$10,000)
  • -- Beds
  • -- Baths
  • Residential Income | SingleBldg
  • Active
401 HARRISON AVE, NORWOOD - 31392434
401 HARRISON AVE, NORWOOD - 31392435
401 HARRISON AVE, NORWOOD - 31392436
401 HARRISON AVE, NORWOOD - 31392437
401 HARRISON AVE, NORWOOD - 31392438
401 HARRISON AVE, NORWOOD - 31392439

Property Description for 401 HARRISON AVE, NORWOOD PA 19074

Multi family Investment No. of Stories 3 (plus basement) No. of Apartment Units 5 Parking: 7 Spaces Strong Investment Property. Great potential to increase revenue and expenses for next owner ? BELOW Market Rent & Value Add Opportunity - Ownership has yet to increase the rents to market level, leaving a substantial amount of rent growth for the next owner. Great Location: Walking Distance to Septa Regional Rail Station (2 min walk), great school district, 5 miles (10 minutes) to Philadelphia International Airport, 20 minutes to Center City Philadelphia, 5 mins from I-95 highway Property: 5 Units + 1 shed - 3 Story Building. 5 apartments have 1 bedroom (~800 to 900 sqft each). Easy to rent with a great location, each unit features a full kitchen and full bath. Two Units Feature Private Entrances and One includes a Deck and Private Driveway. Each apartment has its own Gas heating Boiler. Tenant pays gas and electric and owner pays hot water. Property has a driveway that accommodates 7+ car parking. A LOT of potential upside on this property ? Under market rents, coin operated laundry in the basement, storage lockers in the basement.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: NORWOOD
  • State: PA
  • Zip: 19074
  • Area: Norwood Boro - 10431
  • Class: Residential Income
  • Property Subtype: SingleBldg
  • Approx Lot Size: 0.230
  • Baths (F/H): -- / --
  • Lot Sq Ft Apx: 10019.00
  • Year Built: 1967
  • Listing#: 6993193
  • School District: Interboro
  • Tax Year: 2017
  • List Date: 5/31/2017
  • Last updated on: 8/23/2017

Property Features for 401 HARRISON AVE, NORWOOD PA 19074

  • Basement Type: Full, Unfinished
  • Exterior: Stucco
  • Property Age: 50
  • Garage Spaces: Nogarage
  • Laundry Type: Yeslaundry
  • Sewer Septic: Public Sewer
  • Cooling: Wall Unit
  • Entrance: Foyer
  • Handicap: None
  • Hot Water: Oil
  • Water: Public
  • Design: Aptbldg
  • Exterior Features: Sidewalks
  • Heating: Gas, Hot Water
  • Parking: 5-7Carparkng

Additional Information for 401 HARRISON AVE, NORWOOD PA 19074

  • School District: Interboro
  • Middle School: Norwood
  • High School: Interboro
  • Annual Gross Income: 45543.00
  • Annual Gross Expense: 14019.00
  • Annual Insurance Expense: 1800.00
  • Annual Maint Expense: 1260.00
  • Annual Other Expense: 660.00
  • Basement: True
  • Building Floors: 3.00
  • Central Air: False
  • Lot Dimensions: 87X117
  • Lot Number: 041-000
  • New Construction: False
  • Ownership: Fee Simple
  • Total Assessment: 175000.00
  • Water Front: False
  • Beds Unit1: 1
  • Baths Full Unit1: 1
  • Beds Unit2: 1
  • Baths Full Unit2: 1
  • Beds Unit3: 1
  • Baths Full Unit3: 1
  • Total Taxes: $9,069
  • Listing Area: Norwood Boro - 10431
  • Subdivision: None Available
  • Beds Unit4: 1
  • Baths Full Unit4: 1
  • Beds Unit5: 1
  • Baths Full Unit5: 1
  • One Bedroom Units: 5
  • Listing ID: 6993193
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