For Sale

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.

Location

Driving Directions

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Listing Details

Summary

Architectural Type

•Contemporary

Interior Features

Flooring

•Luxury Vinyl Plank, Carpet, Ceramic Tile

Basement

•Concrete Perimeter

Interior Features

•Dining Area, Combination Dining/Living, Combination Kitchen/Living, Bathroom - Walk-In Shower

Appliances

•Dishwasher, Washer, Dryer, Refrigerator, Stove, Built-In Microwave

Exterior Features

•Masonry

Utilities

Cooling

•Central A/C, Electric

Heating

•Central, Electric

Hot Water

•Electric

Sewer

•Public Sewer

Water

•Public

Property History

Date

Change

Price

Jun 11, 2026

Price Decrease

$435,000 to $420,000 (-3.45%)

6/11/26

Price ↓

-$15,000

May 11, 2026

New Listing

5/11/26

New Listing

Miscellaneous

Assessment : 0

Zoning: Rm1

Lattitude : 39.979908

Longitude : -75.163551

MLS# : PAPH2619642

Listing Courtesy: Toma Holovatskyy of RE/MAX Plus

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Notes

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

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