1708 N Bouvier St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:Pagoda Realty ERA Powered
1708 N Bouvier St,Philadelphia, PA 19121
$420,000
  • - Beds
  • - Baths
  • 2,031 sq. ft.
  • Multi-family
  • Active
Listed by: toma holovatskyy
Office: re/max plus
MLS#:PAPH2619642
Source:BRIGHTMLS

Price summary

  • Price:$420,000
  • Price per sq. ft.:$206.79

About this home

Inquire about the 3D tour! Turnkey 2018 duplex at $420,000, leased through July 31, 2027, at $50,100/yr. This prices to a 9.31% CAP (including insurance, 5% vacancy, 3% maintenance, trash, snow, license, water) and 8.38 GRM with 2 years of tax abatement remaining. Even after Philly's reassessment-on-sale, the CAP still holds at 8.31%. At 25% down and 6.75%, the deal returns $14,590/yr in cash flow, 13.9% cash-on-cash, and 1.60 DSCR. Note that pictures have been virtually staged/decluttered. Some bedrooms are currently under-occupied through August 2026, though the owner is willing to compensate the rents to the 2026-2027 term if closed before August. Located on the 1700 block of Bouvier, one of the most popular student blocks in the Temple corridor (7-minute walk to campus and SEPTA, clean street, surrounded by other student housing). Temple has had a rough enrollment stretch, which is partly why these asset prices are attractive today. New president John Fry, who reshaped Drexel's...

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Home facts

  • Year built:2018
  • Listing ID #:PAPH2619642
  • Added:56 day(s) ago
  • Updated:July 07, 2026 at 01:44 PM

Rooms and interior

  • Rooms Total:8
  • Flooring:Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Kitchen Description:Built-In Microwave, Combination Kitchen/Living, Dishwasher, Refrigerator, Stove
  • Living area:2,031 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric

Structure and exterior

  • Year built:2018
  • Building area:2,031 sq. ft.
  • Lot area:0.02 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Masonry
  • Exterior Features:Porch(es)
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$420,000
  • Price per sq. ft.:$206.79
  • Tax amount:$1,754 (2025)

Features and amenities

  • Amenities:Electric Alarm, Intercom, Motion Detectors, Smoke Detector, Sprinkler System - Indoor, Window Grills

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