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703 W ANNSBURY STREET

PHILADELPHIA, PA 19140

MLS#: PAPH2673402

$218,000

Status: Active
Listing number: PAPH2673402
Listing provided by: Compass Pennsylvania, LLC
Listing agent phone: None
Last update: 2 days ago
On site: 10 days ago
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Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

1,160

Live 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 spaces Vacant upper-level unit ready for owner occupancy or use as an additional rental Tenant-occupied first-floor unit providing existing rental income Opportunity to offset a portion of mortgage, taxes, insurance, and maintenance expenses with rental income Potential to rent both units for a fully income-producing property, subject to local requirements and lease terms May offer owner-occupant financing opportunities; buyers should consult their lender regarding eligibility and available loan programs Whether 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. Listing photos primarily showcase the vacant second-floor unit; the first-floor unit is currently tenant-occupied and is not pictured. Select listing photos have been virtually staged to illustrate potential furniture placement and use of space. Schedule your showing today and explore the possibilities this duplex offers!

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1160.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Lot Size(square feet)

    915

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Side-by-Side

Price

  • Sales Price

    $218,000

  • Tax Amount

    $1,408

  • Sq. Footage

    1,160

  • Price/SqFt

    $187

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab, Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    39

  • Water Source

    Public

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Listing Courtesy of Victoria Vasile, Compass Pennsylvania, LLC

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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Live 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 spaces Vacant upper-level unit ready for owner occupancy or use as an additional rental Tenant-occupied first-floor unit providing existing rental income Opportunity to offset a portion of mortgage, taxes, insurance, and maintenance expenses with rental income Potential to rent both units for a fully income-producing property, subject to local requirements and lease terms May offer owner-occupant financing opportunities; buyers should consult their lender regarding eligibility and available loan programs Whether 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. Listing photos primarily showcase the vacant second-floor unit; the first-floor unit is currently tenant-occupied and is not pictured. Select listing photos have been virtually staged to illustrate potential furniture placement and use of space. Schedule your showing today and explore the possibilities this duplex offers!

703 W ANNSBURY STREET

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