1706 N Bouvier St, Philadelphia, PA 19121

$284,500
: 5
BD
: 5
BA
: 1,530
SqFt

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List Price: $284,500
Status: ACTIVE
Price Change: ▼ $500 1789603275
MLS#: PAPH2656258
Subtype: Residential
Style: Other
Year Built: 1920
Bedrooms: 5
Bathrooms: 5
Full Baths: 5
Living Area: 1,530
Lot Size: 784
Acres: 0.02
Subdivision: Temple University
MLS Area Major: 19121 (19121)

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Property Description

Exceptional income-producing opportunity steps from Temple University's campus. This fully occupied 5-bedroom, 5-bathroom property has generated consistent rental income since 2023. Rented by-room at $500/bedroom (5 rooms), generating $2,500/month gross — rents have not been increased since 2023, indicating room for upward adjustment to market rate. Recent owner improvements include new flooring throughout the kitchen and lower level, updated plumbing in all bathrooms, refreshed front facade, and upgraded lighting throughout — reducing near-term capital expenditure needs for the next owner. The property has maintained continuous occupancy since acquisition, underscoring reliable demand in this high-traffic student housing corridor. Tenants pay all utilities except water. Ideal for investors seeking a stabilized asset with minimal deferred maintenance and a proven rental history in one of Philadelphia's most consistent student housing markets. Lease expires July 2027.

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Additional Information

Taxes: $2,704
Property Description: Other
Zoning: RM1
Appliances: Electric Range, Built-In Microwave, Refrigerator
Heating: Electric Baseboard
Air Conditioning: Window/Wall
Levels: Three Or More
Foundation: Other
School District: Philadelphia City