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Donald Miller

damillerhomes@gmail.com +1(540) 341-5815

Listed by Stacy Sanseverino • KW Empower

$ 275,000

Est. payment -/mo

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4735 LORING ST Philadelphia, PA 19136

1,260 SqFt

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $218

Subdivision Holmesburg

MLS Listing ID PAPH2671284

Style Straight Thru

Abv Grd Liv Area 1,260

Year Built 1953

Annual Tax Amount $1,452

Tax Year 2027

Lot Size 896 Sqft

Acres 0.02

Lot Dimensions 14.93 x 60.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Welcome to 4735 Loring Street, a versatile duplex offering an exciting opportunity for first-time homebuyers, house hackers, and seasoned investors alike! Whether you're looking for an affordable way to become a homeowner while building wealth through rental income or seeking to add an income-producing property to your portfolio, this property offers flexibility, established rental income, and numerous upgrades. Since the 2022 renovation, additional improvements include a new roof, chimney relining, many new windows and doors, upgraded flooring, and replacement of both boilers, with a new high-efficiency boiler installed in 2022 and a second new boiler installed in 2024. Unit 1 is currently rented month-to-month at $1,250 per month, plus $75 for water, with 60 days' notice to vacate. The first-floor unit features a kitchen opening to the living room, a convenient half bath, and two bedrooms tucked away at the rear. The lower level offers a full bathroom, private laundry, and an open unfinished area with potential for additional living space or storage, plus exterior access. Unit 2 was most recently rented for $1,200 per month and is ready for its next owner to move right in or find a new tenant. The second-floor layout offers flexibility to use the front or rear room as a bedroom or living area. You'll find private laundry in the front room, plus a full bathroom and eat-in kitchen that divide the front and back rooms, adding privacy to each. An added bonus is the completely separate garage, which is not included in Unit 1's lease, offering the owner the option to use it or lease it separately for additional income. With a proven rental history, tenants contributing toward the water bill, and a cap rate exceeding 9%, this property offers an opportunity to start building your real estate portfolio while enjoying the benefits of homeownership. Conveniently located just half a mile from Holmesburg SEPTA Regional Rail, with easy access to I-95, the Tacony-Palmyra Bridge to New Jersey, and nearby bus routes. Enjoy the outdoors at Charles A. Russo Playground, just one block away at Cottman Avenue and Torresdale Avenue. Whether you're ready to house hack, invest, or find an affordable home with income potential, don't wait—schedule your showing today!

Location

State PA

County Philadelphia

Area 19136 (19136)

Zoning RSA5

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Galley

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Flooring Luxury Vinyl Plank, Ceramic Tile

Inclusions 2 Refrigerators, 2 washers, 2 dryers

Equipment Washer, Dryer, Refrigerator, Oven/Range - Gas, Microwave

Fireplace N

Appliance Washer, Dryer, Refrigerator, Oven/Range - Gas, Microwave

Heat Source Natural Gas

Laundry Dryer In Unit, Has Laundry, Washer In Unit, Upper Floor, Lower Floor

Exterior

Parking Features Built In

Garage Spaces 1.0

Water Access N

Accessibility None

Attached Garage 1

Total Parking Spaces 1

Garage Y

Private Pool No

Building

Foundation Stone

Above Ground Finished SqFt 1260

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Edwin Forrest

Middle Schools Northeast Community Propel Academy

High Schools Abraham Lincoln

School District The School District Of Philadelphia

Others

Tax ID 651029900

Ownership Fee Simple

SqFt Source 1260

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Nearby Locations

Donald Miller

Agent License ID: 0225236120

+1(540) 341-5815

Donald Miller

4735 LORING ST Philadelphia, PA 19136

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4735 LORING ST