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$199,900

Beds
3
Baths
1.5
sq ft
1,692

7724 Cedarbrook Ave, Philadelphia, PA 19150

7724 Cedarbrook Ave

PHILADELPHIA, PA 19150

  • 26 days on market
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!

Details

Property type

Townhouse

Lot size

1,440 sq ft

Price per sq ft

$119

Year built

1950

Annual property taxes

$2,227

HOA

No

Price History

10/28/2024
Bright

Bright #PAPH2414260

Listed
$199,900

Schools & Community

Neighborhood: 

West Oak Lane

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

School district: 

PHILADELPHIA CITY

Status: Active

Tomo last checked: 11/22/2024 at 5:40 AM

Listing updated: 11/01/2024 at 10:59 AM

Listed by: Anthony Joseph Krupincza, CG Realty, LLC Phone #: (610) 566-5182

MLS: Bright #PAPH2414260

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