1836 N BOUVIER ST Active

Philadelphia,PA 19121

$ 635000

- Bed

- Bath

2900 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $218

MLS Listing ID PAPH2403906

Style Traditional

Year Built 2008

Annual Tax Amount $6,496

Tax Year 2024

Lot Size 1,234 Sqft

Property Description

Unlock an amazing investment opportunity with this well-maintained student housing apartment building located in the heart of Temple University?s campus. This building has been upgraded in many ways, making it a perfect fit for the students.
Key Features (1) Prime Location: Just minutes from Temple University, this building offers easy access to public transportation, dining, and entertainment, ensuring high occupancy rates year after year. (2) Comprising of 3 spacious units, including a studio unit, a 3 bedroom unit and a 4 bedroom unit, this property caters to a diverse student demographic, maximizing rental income potential. Unit 1 is rented for $750/mo. Unit 2 is rented for $1635/mo, and Unit 3 is rented for $2800/mo. (3) Strong Rental History: With a proven track record of high occupancy and reliable rental income, this investment promises steady cash flow. Current lease agreements in place provide immediate returns. (4) Modern Amenities: Each unit is equipped with modern kitchens, stainless steel appliances, quartz countertops and much more enhancing tenant satisfaction and retention. (5) Potential for Growth: With the Philadelphia rental market getting better each day now, there?s significant potential for rental rate increases and property value appreciation.
In a city known for its rich education landscape, this is perfect for both investors looking to expand their portfolio as well as new investors to get formidable experience managing a rental property.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Exterior

Waterfront N

Water Access N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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