1821 N BOUVIER Street
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $400,000 |
| No. of Units: | 2 |
| Year Built: | 1915 |
| Lot Size: | 2,166.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $200,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PAPH2666684
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