Philadelphia, PA 19121,1808 N BOUVIER ST
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Philadelphia, PA 19121,1808 N BOUVIER ST
Philadelphia, PA 19121,1808 N BOUVIER ST
Philadelphia, PA 19121,1808 N BOUVIER ST
Philadelphia, PA 19121,1808 N BOUVIER ST

$325,000

Est. payment /mo

$339,000

4.1%
Est.Price: ?

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1808 N BOUVIER ST Philadelphia, PA 19121

2,010 SqFt

SOLD DATE : 12/23/2024

Key Details

Sold Price $325,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,010 sqft

Price per Sqft $161

MLS Listing ID PAPH2385712

Sold Date 12/23/24

Style Other,Colonial

Abv Grd Liv Area 2,010

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $5,289

Tax Year 2022

Lot Size 1,234 Sqft

Acres 0.03

Lot Dimensions 16.00 x 79.00

Property Description

$36,600 Gross Annual Rents -- Fully Occupied! Prime Investment Opportunity in Temple University Area! Welcome to this exceptional multi-unit property strategically located in the vibrant Temple University neighborhood of Philadelphia. This well-maintained building boasts four fully leased units, generating a substantial income of $3,050 per month. Each unit is leased until Summer 2025, providing immediate and reliable cash flow for the savvy investor.

Property Overview:
-Unit Mix: Two spacious 2-bedroom apartments and two large studio apartments.
- Current Rental Income: $3,050/month ($36,600 annually).
- Lease Terms: Fully leased until Summer 2025, ensuring stable occupancy and income.
- Condition: Well-maintained and updated units, attracting quality tenants.
- Location: Ideally situated in close proximity to Temple University, offering convenience and high rental demand.

Investment Highlights:
- Income Potential: Immediate cash flow with solid rental history.
- Location Benefits: Highly desirable area for students and other prospective tenants.
- Future Growth: Positioned in a neighborhood experiencing ongoing development and appreciation.
- Turnkey Opportunity: Minimal maintenance required with current tenants in place.

This is a rare chance to acquire a turnkey investment property in one of Philadelphia's most sought-after rental markets. Whether you're expanding your portfolio or diving into real estate investment, this property promises a lucrative return and long-term growth potential.

Schedule a showing and discover more about this promising investment opportunity!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Full, Unfinished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Utilities Available Cable TV Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Lot Description Rear Yard

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other, Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 321210800

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Danielle S. Py-Salas • EXP Realty, LLC
Bought with Marlon Richards • RE/MAX Affiliates
agent

Alee Heidar

Principal Broker | License ID: 126102

+1(206) 966-1792

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