$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 #PAPH2414260
Listed
$199,900
Schools & Community
Neighborhood:
West Oak Lane
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
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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