5942 N Norwood St, Philadelphia, PA 19138

$197,000
: 2
BD
: 2
BA
: 896
SqFt

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List Price: $197,000
Status: ACTIVE
Price Change: ▼ $50,000 1777492385
MLS#: PAPH2560266
Subtype: Residential
Style: Side by Side, Bi-Level, Straight Thru, Traditional
Year Built: 1915
Bedrooms: 2
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Living Area: 896
Lot Size: 1,190
Acres: 0.03
Subdivision: Philadelphia
MLS Area Major: 19138 (19138)

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Property Description

Welcome to 5942 Norwood Street! This 2 bedroom, 1.5 bath home has been completely gutted and transformed in a full renovation taken all the way down to the studs and completed November 2025! Every major system has been replaced from top to bottom, including all-new plumbing, electrical, Central HVAC, hot water tank, recessed lighting, new half bath on the main level and all new appliances in the kitchen, bathrooms and laundry area. EVERYTHING is backed by active manufacturer’s warranties that can transfer to the buyer. Real hardwood flooring flows throughout the entire home complemented by designer ceramic tile in the kitchen and bathrooms creates a warm yet stylish environment perfect for starter home or empty nesters. Investor's can anticipate rent rates between $1400-1600mo. - that's a cap rate between 4.8-5.3% at the current asking price. (THIS IS NEGOTIABLE FOR INVESTORS AND FTHB ALIKE). The main level is bright with floods of natural light. The kitchen features custom Quartz countertops and energy efficient stainless-steel appliance. Upstairs you’ll find two neatly fitted bedrooms and the main bathroom complimented by an Allora Porcelain Matte Black Tile accent wall. The home includes an unfinished basement stretching the length of the home and a raw backyard, offering even more flexibility and instant home equity add to a new homeowner. Situated 1 block from Fresh Grocer, Dunkin, PNC & Rite Aid, 2 blocks from La Salle University, under 5 mins to Awbury Arboretum, and less than 10 mins to the two major shopping plazas on Cheltenham Ave including Target, Walmart, Home Depot, Starbucks, ShopRite, Chick-fil-A & much much more.

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Additional Information

Taxes: $1,676
Property Description: Side by Side, Bi-Level, Straight Thru, Traditional
Zoning: RSA5
Flooring: Hardwood, Tile
Appliances: Dryer, Washer, Refrigerator, Microwave, Water Heater, Dishwasher, Energy Efficient Appliances, Exhaust Fan, Intercom, Electric Range, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Drinking Water Dispenser
Heating: Forced Air
Air Conditioning: Central Air
Levels: Two
Roof: Flat
Foundation: Brick/Mortar
School District: The School District Of Philadelphia