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1708 N Bouvier St
For Sale $435,000 ($214.18 per Sq Ft)
$435,000 ($214.18 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,031 Sq Ft
- 784 Sq Ft
Description
Turnkey 2018 duplex at $435,000, leased through July 31, 2027, at $50,100/yr. This prices to an 8.99% CAP and 8.68 GRM with 2 years of tax abatement remaining. Even after Philly's reassessment-on-sale, the CAP still holds at 7.99%. At 25% down and 6.75%, the deal returns $13,705/yr in cash flow, 12.6% cash-on-cash, and 1.54 DSCR. Note that pictures have been virtually staged/decluttered. Some bedrooms are currently under-occupied through August 2026, though the owner is willing to compensate the rents to the 2026-2027 term if closed before August.
Located on the 1700 block of Bouvier, one of the most popular student blocks in the Temple corridor (7-minute walk to campus and SEPTA, clean street, surrounded by other student housing). Temple has had a rough enrollment stretch, which is partly why these asset prices are attractive today. New president John Fry, who reshaped Drexel's footprint during his tenure there, is now driving Temple's campus redevelopment and recruitment efforts, making enrollment more likely to trend upward than downward.
Two 4BR/2BA units, central HVAC, in-unit washer and dryer, and modern finishes. Unit A has backyard access; Unit B is larger. At $54,375 per bed and a 22% expense ratio, this outperforms the comp set and is one of the few 2018+ builds in the area trading near a 9 CAP. 3D tour and full underwriting available on request.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $435,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,031 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2018 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 471284910 |
| MLS # | PAPH2619642 |
| Property ID | 322835774 |
| Lot Sqft | 784 |
| Zoning | RM1 |
| Total Units | 2 |
| Days on Market | 22 |
| Original List Price | Unknown |
| Applicances | Dishwasher,Washer,Dryer,Refrigerator,Stove,Built-In Microwave% |
| Date Updated | May 11, 2026 |
| Date Created | May 10, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $50,100 | $0 |
| Net Income (Yr) | $ 39,098 |
| Cap Rate | 8.99% |
Listing Provided By
Toma Holovatskyy an agent of .
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Data last updated: June 01, 2026.
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