Homes for sale - 7724 CEDARBROOK AVE, Philadelphia, PA 19150

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Jordan Muirhead

jordan@premiumrepartners.com +1(703) 615-8732

$ 199,900

Est. payment -/mo

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7724 CEDARBROOK AVE Philadelphia, PA 19150

3 Beds

2 Baths

1,692 SqFt

UPDATED:

11/01/2024 02:55 PM

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,692 sqft

Price per Sqft $118

Subdivision Cedarbrook

MLS Listing ID PAPH2414260

Style AirLite

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,128

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $2,227

Tax Year 2024

Lot Size 1,440 Sqft

Acres 0.03

Lot Dimensions 16.00 x 90.00

Property Description

Investor's Dream: Tenant-Occupied Home in Cedarbrook, Mt. Airy – Prime Location and Strong Cap Rate of 9.7% at the current rental rate!

Welcome to 7724 Cedarbrook Ave, a fantastic investment opportunity in the sought-after Cedarbrook section of Mt. Airy. This charming 3-bedroom, 1-bathroom home is perfectly situated on a picturesque tree-lined street, making it an attractive option for both current and future tenants. The property is already Tenant-Occupied, the new owner will benefit from immediate cash flow with reliable tenants already in place, ensuring a consistent rent roll. The property brings in Strong Rental Income, as it has a proven track record of generating solid returns, making it an excellent addition to any investment portfolio. Featuring three well-sized bedrooms and a full bathroom, this home offers ample living space, enhanced by additional usable space in the basement. To top if off, there is private parking and a garage, as your tenant will enjoy the added convenience of a garage, a sought-after feature in urban living that can attract higher-quality tenants. Mt Airy is a prime location and Cedarbrook is known for its friendly community atmosphere, scenic surroundings, and easy access to local parks, schools, and shopping, boosting tenant appeal. With the rising demand for rental properties in this area, there’s significant opportunity for future rent increases and appreciation in value.

This property is more than just a house; it's a solid investment with a stable return. Don’t miss the chance to own a piece of Cedarbrook's charm while securing your financial future. Schedule your showing today and explore the possibilities at 7724 Cedarbrook Ave!

Location

State PA

County Philadelphia

Area 19150 (19150)

Zoning RSA5

Rooms

Basement Walkout Level, Space For Rooms, Rear Entrance, Poured Concrete, Partially Finished, Outside Entrance, Interior Access, Heated, Daylight, Partial

Interior

Interior Features Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room

Hot Water Natural Gas

Heating Radiator

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Ceramic Tile, Partially Carpeted

Inclusions All real property, including landlords applicances

Equipment Negotiable

Fireplace N

Heat Source Natural Gas

Exterior

Exterior Feature Patio(s)

Garage Basement Garage

Garage Spaces 2.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Water Available, Sewer Available

Waterfront N

Water Access N

View Garden/Lawn, Street

Roof Type Rubber,Slate

Accessibility None

Porch Patio(s)

Road Frontage City/County

Attached Garage 1

Total Parking Spaces 2

Garage Y

Building

Lot Description Front Yard, Rear Yard

Story 3

Foundation Permanent, Slab

Sewer Public Sewer

Water Public

Architectural Style AirLite

Level or Stories 3

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Philadelphia City

Others

Pets Allowed Y

Senior Community No

Tax ID 501246600

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Description No Pet Restrictions

Listed by Anthony Joseph Krupincza • CG Realty, LLC

Jordan Muirhead

Agent | License ID: 0225206725

+1(703) 615-8732

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Jordan Muirhead

Jordan Muirhead

7724 CEDARBROOK AVE Philadelphia, PA 19150

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7724 CEDARBROOK AVE