Other, Traditional, Unit/Flat
1821 N BOUVIER STREET
PHILADELPHIA, PA 19121
MLS#: PAPH2666684
$400,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
2,166
1821 N. Bouvier Street presents a compelling opportunity to acquire a fully leased duplex near Temple University. Offering approximately 2,166 square feet of finished living space, the property features two bi-level units, each with four bedrooms, two full bathrooms and private in-unit laundry. Unit 1 is leased at $1,750 per month through June 30, 2027, while Unit 2 is leased at $1,700 per month through July 30, 2027, providing immediate rental income with $41,400 in annual gross rent. Based on the current list price and estimated expenses, the property offers a projected cap rate of nearly 8%. Its versatile layout, traditional character and convenient access to Temple University, public transportation and neighborhood amenities support continued rental appeal. Whether expanding an existing portfolio or making a first multifamily investment, this established income-producing property offers both immediate cash flow and long-term potential. Estimated income, expenses, square footage and cap rate should be independently verified by the buyer. Photos from a previous tenancy and have been altered using AI to remove movable personal property, people, vehicles, flags and/or visual clutter. No structural features, room dimensions, fixtures or basic layouts were intentionally altered.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2166.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,150
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other, Traditional, Unit/Flat
Price
-
Sales Price
$400,000
-
Tax Amount
$6,007
-
Sq. Footage
2,166
-
Price/SqFt
$184
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Block, Concrete Perimeter, Slab
-
Sewer
Public Sewer
-
Tax Lot
82
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Yakenya Moise, RE/MAX Select Group
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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