1808 N BOUVIER ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,010 sqft
Price per Sqft $174
MLS Listing ID PAPH2385712
Style Other,Colonial
Year Built 1915
Annual Tax Amount $5,289
Tax Year 2022
Lot Size 1,234 Sqft
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
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Building
Lot Description Rear Yard
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard