703 W Annsbury St, Philadelphia, PA 19140

Description

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!