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Photos
7724 CEDARBROOK AVENUE, Philadelphia, PA 19150
$199,900 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,692
sqft
Built in
1950
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!
Features & Amenities
Interior
- General:
- Ceiling Fan(s),Crown Moldings,Dining Area,Floor Plan - Traditional,Formal/Separate Dining Room
- Basement:
- Walkout Level,Space For Rooms,Rear Entrance,Poured Concrete,Partially Finished,Outside Entrance,Interior Access,Heated,Daylight, Partial
- Flooring:
- Ceramic Tile,Partially Carpeted
- A/C:
- Ceiling Fan(s),Window Unit(s)
- Heating:
- Y, Radiator, Natural Gas
- Disability Feature:
- None
Exterior
- General:
- Awning(s),Exterior Lighting,Flood Lights,Gutter System,Play Area,Sidewalks, Above Grade,Below Grade
- Style:
- AirLite
- Parking:
- Concrete Driveway
Construction
- Roofing:
- Rubber,Slate
- General:
- Masonry, 3, Permanent,Slab
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- PHILADELPHIA CITY
- County:
- PHILADELPHIA
Lot
- Zoning:
- RSA5, 501246600
- View:
- Garden/Lawn,Street
- Current Use:
- R30
Utilities
- Utilities:
- Cable TV Available,Electric Available,Natural Gas Available,Water Available,Sewer Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Personal property of the tenant
This listing courtesy of:
CG Realty, LLC, Anthony Joseph Krupincza
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Philadelphia, PA
Housing
- Number of Units
- 705,993
- Median Home Value
- $212,331
- Median Rent
- $993
47.83% of housing units are renter occupied.
9.77% are vacant.
Commute
- Car
-
48.32%
- Public Transportation
-
19.12%
- Walk to Work
-
6.40%
- Work from Home
-
23.29%
- Other
-
1.20%
The median travel time to work is 28 minutes.
People
- Population
- 1,564,304
- Median Age
- 36.10
- Median Household Size
- 2.55
Education
- High School
-
31.51%
- Associate’s Degree
-
5.70%
- Bachelor’s Degree
-
18.90%
- Graduate Degree
-
14.16%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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