1708 N Bouvier St, Philadelphia, PA, 19121

USD 435,000
For Sale

Property Details

Bedrooms

8

Bathrooms

4

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 8 • Bathrooms: 4 • Square Feet: 2031 • Lot/Size: 784 sqft lot

Description: 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 str

Location

Address

1708 N Bouvier St, Philadelphia, PA, 19121

City

Philadelphia

Features and Finishes

Year Built: 2018; [object Object]; [object Object]; [object Object]

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