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$410,000
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Property Description
Inquire about the 3D tour! Turnkey 2018 duplex at $420,000, leased through July 31, 2027, at $50,100/yr. This prices to a 9.31% CAP (including insurance, 5% vacancy, 3% maintenance, trash, snow, license, water) and 8.38 GRM with 2 years of tax abatement remaining. Even after Philly's reassessment-on-sale, the CAP still holds at 8.31%. At 25% down and 6.75%, the deal returns $14,590/yr in cash flow, 13.9% cash-on-cash, and 1.60 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 $52,500 per bed and a 22% expense ratio, this outperforms the comp set and is one of the few 2018+ builds in the area trading above a 9 CAP. Full underwriting available on request.
Full Property Details
Full Property Details for 1708 N Bouvier St
General
- Sold For: $410,000
- Taxes: $1,754 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2619642
- Added to Site: 150 day(s) ago
Rental Information
- Lease Info: Yearly
Interior
- Number of Rooms: 8
- Interior Features: Dining Area, Combination Dining/Living, Combination Kitchen/Living, Bathroom - Walk-In Shower
- Appliances: Dishwasher, Washer, Dryer, Refrigerator, Stove, Built-In Microwave
- Flooring: Luxury Vinyl Plank, Carpet, Ceramic Tile
Additional Information
- Security/Safety: Intercom, Electric Alarm, Sprinkler System - Indoor, Smoke Detector, Window Grills, Motion Detectors
Exterior
- Porch/Patio/Deck: Porch(es)
Parking
- Parking Type: None
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Please use GPS
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Twin/Semi-Detached
- Construction: Masonry
- Foundation: Concrete Perimeter
- Square Feet: 2,031
- Sq. Ft. Source: Assessor
- Living Area: 2,031 Sq. Ft.
- Finished Above Grnd: 2,031 Sq. Ft.
- Year Built: 2018
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 784
- Lot Size Source: Assessor
- Lot Dimensions: 14.00 x 56.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $206.79
- Operating Expenses: $11,002
- Assessment Year: 2026
- School Tax: $982
- City/TownTax: $771
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $125,340
- Tax Amount: $1,754
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Water
- Tax Total Finished Sq. Ft.: 2031
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's personal property
- Lot Number: 160
Listed and Sold by Plus Realtors, Toma Holovatskyy
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Schools
Schools serving 1708 N Bouvier St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Meade Gen George C School 1600 North 18th Street, Philadelphia, PA 19121 | K-8 | 0.1 mi |
Vaux HS: A Big Picture School 2300 Master Street, Philadelphia, PA 19121 | 12- | 0.6 mi |
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130 | 12-11 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1708 N Bouvier St
Date
Details
Price
Change
Source
9/02/2026
Sold
$410,000
-2.38%
MLS
6/11/2026
Price Reduced
$420,000
-3.45%
MLS
5/11/2026
Listed
$435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1708 N Bouvier Street, Philadelphia, PA 19121 (MLS# PAPH2619642) is a Single Family property that was sold at $410,000 on September 02, 2026. Want to learn more about 1708 N Bouvier Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

