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Property view

340-342a South Ave, 
Norwood, PA 19074

$462,500


8

Beds


Bath


4,104

Sq Ft


Multi-Family

Sold

Listed by

Robert Stranix

Bought with Non Subscribing Office

Premier Property Management & Realty LLC., (610) 924-7284, connoreichmanre@gmail.com

MLS#

PADE2110168

Source:

BRIGHTMLS

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About This Home

340-342a South Ave

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.

Home Facts

Multi-Family

8 Bedrooms

Built in 1957

Price Summary

550,000

$134 per Sq. Ft.

MLS #:

PADE2110168

Sold:

May 11, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

8


Structure

Structure

Architectural Style:

Bi-level

Building Area:

4,104 Sq. Ft.

Year Built:

1957


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$134 per Sq. Ft.

Source:BRIGHTMLS
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