1821 N Bouvier St, Philadelphia, PA 19121
- $400,000
- 2,166
- SqFt
- List Price
- $400,000
- Days on Market
- 11
- Status
- ACTIVE
- MLS#
- PAPH2666684
- Living Area
- 2,166
- Lot Size (Acres)
- 0.03
- Style
- Other, Traditional, Unit/Flat
- Year Built
- 1915
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
1821 N. Bouvier Street presents a compelling opportunity to acquire a fully leased duplex near Temple University. Offering approximately 2,166 square feet of finished living space, the property features two bi-level units, each with four bedrooms, two full bathrooms and private in-unit laundry. Unit 1 is leased at $1,750 per month through June 30, 2027, while Unit 2 is leased at $1,700 per month through July 30, 2027, providing immediate rental income with $41,400 in annual gross rent. Based on the current list price and estimated expenses, the property offers a projected cap rate of nearly 8%. Its versatile layout, traditional character and convenient access to Temple University, public transportation and neighborhood amenities support continued rental appeal. Whether expanding an existing portfolio or making a first multifamily investment, this established income-producing property offers both immediate cash flow and long-term potential. Estimated income, expenses, square footage and cap rate should be independently verified by the buyer. Photos from a previous tenancy and have been altered using AI to remove movable personal property, people, vehicles, flags and/or visual clutter. No structural features, room dimensions, fixtures or basic layouts were intentionally altered.
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Additional Information
- Area
- 19121 (19121)
- Taxes
- $6007
- Stories
- 3
- School District
- Philadelphia City
- Flooring
- Wood
- Heating
- Forced Air
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Utilities
- Electric Available, Cable TV Available, Phone Available
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of RE/MAX Select Group. Contact: 2675203711
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