$635,000
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1836 N Bouvier Street Philadelphia, PA 19121 Municipality: Philadelphia
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.03
Acre
Lot
Property Activity
Time on Site
days
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Unlock an amazing investment opportunity with this well-maintained student housing apartment building located in the heart of Temple Universityâs 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, thereâs 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.
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MLS#
PAPH2403906
Property Type
Multi-Family
Year Built
2008
Price per Sq. Ft.
$218.97
Lot Size
0.03
Sewer
Public Sewer
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