1808 N Bouvier Street
Philadelphia, PA 19121
- – beds
- – baths
- 2,010 sqft
- 1,234 sqft lot
- $161 per sqft
- 1915 build
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$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!
Listing courtesy of BRIGHT / EXP Realty, LLC
Last checked:
Checking…
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Last updated Dec 27, 2024
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MLS# PAPH2385712 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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Roof:Flat
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New Construction:No
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Construction Materials:Masonry, Brick
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Building Units Total:4
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Structure Type:Interior Row/Townhouse
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Historic:No
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Architectural Style:Other, Colonial
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Full, Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2010
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2010
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Living Area SqFt:2,010 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Other
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Possession:Negotiable
Location
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Directions:From Ridge Ave. & W. Montgomery Ave. go West on Montgomery to left on N. Bouvier St.
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Cross Street:BERKS
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Latitude:39.98148346
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Longitude:-75.16324615
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 79.00
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Lot Dimensions Source:Assessor
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Lot Features:Rear Yard
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Lot SqFt:1,234 Sqft
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U50
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 430-1777
- Office phone:
- (888) 397-7352
Taxes
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Tax ID Number:321210800
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Tax Year:2022
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Tax Lot:67
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Tax Annual Amount:$5,289
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Tax Assessed Value:$377,900
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Year Assessed:2023
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School Tax:2902.0
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City/Town Tax:2387.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Utilities:Cable TV Available
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Sewer/Septic:Public Sewer
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Electric Service:Circuit Breakers
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Units Furnished:None
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Single Room Units:2
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/23/24
Dec 23, 2024
|
Sold | BRIGHT | $325,000 | -4.1% |
11/13/24
Nov 13, 2024
|
Pending | BRIGHT | $339,000 | |
10/30/24
Oct 30, 2024
|
Sold Subject To Contingencies | BRIGHT | $339,000 |