New ListingLive Upstairs While Generating Rental Income Downstairs! Excellent opportunity to own a duplex offering the flexibility of owner occupancy with existing rental income. The upper-level unit is vacant and ready for its next occupant, while the first-floor unit is currently tenant-occupied, providing rental income from day one. This property offers an appealing opportunity for buyers looking to live in one unit while collecting rent from the other, helping offset monthly housing expenses while building equity in a multifamily property. It also offers the flexibility to rent both units for a fully income-producing investment, subject to local requirements and existing lease terms. Property Highlights:Two-unit duplex with separate living spacesVacant upper-level unit ready for owner occupancy or use as an additional rentalTenant-occupied first-floor unit providing existing rental incomeOpportunity to offset a portion of mortgage, taxes, insurance, and maintenance expenses with rental incomePotential to rent both units for a fully income-producing property, subject to local requirements and lease termsMay offer owner-occupant financing opportunities; buyers should consult their lender regarding eligibility and available loan programsWhether you're looking for a place to call home while generating rental income or seeking to add a multifamily property to your investment portfolio, this duplex offers versatility and income potential. The vacant upper unit allows for immediate occupancy, while the existing first-floor tenancy provides rental income without the need to lease both units from scratch after closing. Schedule your showing today and explore the possibilities this duplex has to offer!
| MLS # | PAPH2673402 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Coming Soon-bright |
| Year | 1930 |
| Days On Site | 2 |
| Listing Provided By | Compass Pennsylvania, LLC | Victoria Vasile |
| SQ Feet | 1,160 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | RSA5 |
| Acreage | 0.02 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
| Roof | Flat |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Slab, Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1408 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19140) | |
Price: $218,000 low | high Med: $149,900 sqft: 1,160 low | high Med: 1,660 $ / sqft: $188 low | high Med: $91 On site: 2 low | high Med: 18.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19140) | |
Price: $218,000 low | high Med: $149,900 sqft: 1,160 low | high Med: 1,660 $ / sqft: $188 low | high Med: $91 On site: 2 low | high Med: 18.5 | |