1821 N Bouvier St,PHILADELPHIA, PA 19121
PHILADELPHIA, PA 19121
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.
Details
| MLS # | PAPH2666684 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 42 |
| Listing Provided By | RE/MAX Select Group | Yakenya Moise |
Features
| SQ Feet | 2,166 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 2 |
| Zoning | RM1 |
| Acreage | 0.03 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Appliances | Built-In Microwave, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Stove |
Exterior
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Block, Concrete Perimeter, Slab |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Electric Available, Cable TV Available, Phone Available |
|---|
Taxes
| Tax Annual Amount | 6007 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19121) | |
Price: $400,000 low | high Med: $204,950 sqft: 2,166 low | high Med: 1,006 $ / sqft: $185 low | high Med: $205 On site: 42 low | high Med: 94.5 | |
Market Activity 19121
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19121) | |
Price: $400,000 low | high Med: $204,950 sqft: 2,166 low | high Med: 1,006 $ / sqft: $185 low | high Med: $205 On site: 42 low | high Med: 94.5 | |
