Active

MLS: #PAPH2619642, Listed By: Toma Holovatskyy, RE/MAX Plus, Source:Bright MLS

1708 N Bouvier Street

PHILADELPHIA, PA 19121
Mark as Favorite
Bed --

Bed

Bath 0

Bath

SqFt2,031

Sqft

Acres0.02

Acre(Lot)

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 footprint during his tenure there, is now driving Temple's campus redevelopment and recruitment efforts, making enrollment more likely to trend upward than downward. Two 4BR/2BA units, central HVAC, in-unit washer and dryer, and modern finishes. Unit A has backyard access; Unit B is larger. At $52,500 per bed and a 22% expense ratio, this outperforms the comp set and is one of the few 2018+ builds in the area trading above a 9 CAP. Full underwriting available on request.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $420,000

AD Id : 78342134

MLS Id : PAPH2619642

Lot Size : 0.02 Acre

Living Area Size : 2,031

Year Built : 2018

County : PHILADELPHIA

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Room Information

    Rooms Total: 8
  • Flooring Information

    Carpet, Ceramic Tile, Vinyl
  • Interior Features

    Appliances: Cooktop, Electric Water Heater, Dishwasher, Washer, Dryer, Refrigerator, Microwave
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 2018 Building Area Total: 2031 Patio And Porch Features: Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 14.00 x 56.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 784

  • Listing Price Information

    Listing Price: $420000

  • Tax Information

    Parcel Number: 471284910 Tax Lot: 160 Tax Year: 2025 Annual Tax: $1754

  • Parking Information

    None

  • Location Information

    Direction: Please use GPS WaterSource: Public Security Features: Smoke Detector(s), Window Bars
Sell a home like this and save $24,701 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1220 N Carlisle Street, Philadelphia, PA, 19121 $550,000 -- -- 2,397 2,397 SqFt
1222 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,424 2,424 SqFt
1224 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
1228 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
1230 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
2024 N Carlisle Street, Philadelphia, PA, 19121 $800,000 -- -- 2,157 2,157 SqFt
2041 N 15th Street, Philadelphia, PA, 19121 $310,000 5 -- 2,832 2,832 SqFt
1511 W Seybert Street, Philadelphia, PA, 19121 $499,000 -- -- 2,931 2,931 SqFt
1507 W Oxford Street, Philadelphia, PA, 19121 $1,140,000 -- -- 3,000 3,000 SqFt
1545 W Jefferson Street, Philadelphia, PA, 19121 $344,900 8 -- 3,604 3,604 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 14:48

MLS: PAPH2619642 LISTED BY: Toma Holovatskyy, RE/MAX Plus 215-422-3711 SOURCE: Bright MLS

Homes around $420,000

Selling? Save $24,701 when you sell a home like this

Tour with a ByOwner Agent