1708 N Bouvier St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1708 N Bouvier St,Philadelphia, PA 19121
$435,000
  • - Beds
  • - Baths
  • 2,031 sq. ft.
  • Multi-family
  • Active
Listed by: toma holovatskyy
Office: re/max plus
MLS#:PAPH2619642
Source:BRIGHTMLS

Price summary

  • Price:$435,000
  • Price per sq. ft.:$214.18

About this home

Turnkey 2018 duplex at $435,000, leased through July 31, 2027, at $50,100/yr. This prices to an 8.99% CAP and 8.68 GRM with 2 years of tax abatement remaining. Even after Philly's reassessment-on-sale, the CAP still holds at 7.99%. At 25% down and 6.75%, the deal returns $13,705/yr in cash flow, 12.6% cash-on-cash, and 1.54 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 footprint during his tenure there, is now driving Temple's campus redevelopment and recruitment efforts,...

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Home facts

  • Year built:2018
  • Listing ID #:PAPH2619642
  • Added:1 day(s) ago
  • Updated:May 11, 2026 at 05:48 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:$435,000
  • Price per sq. ft.:$214.18
  • 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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