Investment Opportunity To Purchase A Well Maintained & Upgraded Solid Brick Duplex Near Elmwood Park Zoo! Situated on a quiet street and walking distance to the zoo as well as public transportation, you'll find this to be a completely turnkey investment. Freshly painted and with newer windows throughout, this 2 unit property is currently rented on the 1st floor, and the seller wishes to stay as a tenant in the 2nd floor unit. 1st Floor unit rents for $700/mo, featuring 1 bedroom, 1 bath, living room, kitchen w/ pantry and dishwasher, original hardwood floors, covered front and back porch, interior access to the basement for laundry and storage, and back yard. 2nd Floor unit could rent for $1,000/mo, featuring 1 bedroom, 1 bath, original hardwood floors, bright and airy living room, spacious kitchen w/ pantry, cedar hall closet and access to the basement through outside bilco doors for storage and laundry hook-up. Each unit pays their own electric bill and natural gas bill (natural gas fuels both hot water heaters and both gas boilers for the radiators). The units are separately metered for electric and gas. There is a third electric meter that can be used for the basement (currently not active but can be turned on easily by calling PECO). There is only one water meter and one sewer bill (which in Norristown is based on your water usage). The trash bill is lumped in with property tax. Donât miss out on this investment property and excellent CASH FLOW! Call today to schedule your showing!
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