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Listed price in listed location currency (USD).
$435,000

000

MLS® PAPH2619642

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2031 sqft
Garage 
Taxes $1,754
Days Active 0
Lot Size 
Approx. Age 2018
Avg. Price Per Sqft $214
MLS® Number PAPH2619642

Property Address: 1708 N Bouvier Street, Philadelphia, PA, 19121

Average square foot calculated using Size range provided by listing agent.

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 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 $54, 375 per bed and a 22% expense ratio, this outperforms the comp set and is one of the few 2018+ builds in the area trading near a 9 CAP. 3D tour and full underwriting available on request.
MLS® NumberPAPH2619642
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2018
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$435,000List Price
  • Commute

Commute

Starting Address
Destination Address
1708 N Bouvier Street, Philadelphia, PA

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