This home is eligible for up to $5,000 in lender credits from Citizens for qualified buyers! 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!