2202 N BOUVIER ST Philadelphia, PA 19132

Freshly renovated, large 3 story home located in close proximity to Temple University. Upon entry to the first floor, you ll find an open floorplan design with living space and wraparound kitchen with bar seating, soft-close shaker cabinetry, Calacatta quartz countertops, stainless steel appliance package, and more. In the rear, you ll find a nicely sized ground level bedroom and full bathroom with shower.The next level features 2 bedrooms, large bathroom with tub, and a dedicated laundry closet - machines included. On the top level, you ll discover 3 additional bedrooms and a full bathroom with shower. All bathrooms feature slate gray floor tile, subway tiled shower/tub walls, and modern vanities & hardware. Home features durable engineered wood flooring throughout and high traffic carpet on the staircases. A full height, clean unfinished basement houses all brand new mechanical systems - high efficiency heating & AC system, new 80 gallon water heater, and 200AMP electrical service with new panel. Home was fully gutted - everything is brand new. Perfect for a student rental or a large family. Property will generate a projected $2,700-$3,000 in monthly revenue, based upon a range of $450- $500 per bedroom. This equates to $32,400 - $36,000 of yearly gross revenue. After expenses, an investor should be able to attain a 9-10% CAP rate. Current annual taxes for 2019 show approximately $174.61 according to the OPA website. 10 year rehabilitation tax abatement has been applied for. All figures are projected and not guaranteed. Buyer s must exercise their own due diligence. Property is currently vacant and ready to show on lockbox. Please contact co-listing agent, Daniel Kostinsky at danielk@thesomersteam.com with any questions or offers.