1836 N BOUVIER STREET

Property Description

Unlock an amazing investment opportunity with this well-maintained student housing apartment building located in the heart of Temple University’s 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, there’s 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.