7724 Cedarbrook Avenue
Philadelphia, PA 19150
- 3 beds
- 2 baths
- 1,692 sqft
- 1,440 sqft lot
- $118 per sqft
- 1950 build
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!
Listing courtesy of BRIGHT / CG Realty, LLC
Last checked:
Checking…
•
Last updated Nov 1, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# PAPH2414260 —
The Building
-
Year Built:1950
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Masonry
-
Structure Type:Interior Row/Townhouse
-
Architectural Style:AirLite
-
Historic:No
-
Levels:3
-
Roof:Rubber, Slate
-
Accessibility Features:None
-
Other Equipment:Negotiable
-
Foundation Details:Permanent, Slab
-
Basement:Yes
-
Basement Type:Walkout Level, Space For Rooms, Rear Entrance, Poured Concrete, Partially Finished, Outside Entrance, Interior Access, Heated, Daylight, Partial
-
Basement Finished Percent:50.0
-
Basement Footprint Percent%50.0
-
Building Winterized:No
-
Total SqFt Source:Estimated
-
Total Below Grade SqFt:564
-
Total Below Grade SqFt Source:Estimated
-
Above Grade Finished Area Units:Square Feet
-
Above Grade Finished SqFt:1128
-
Above Grade Finished SqFt Source:Assessor
-
Below Grade Finished Area Units:Square Feet
-
Below Grade Unfinished Area Units:Square Feet
-
Below Grade Finished SqFt Source:Estimated
-
Below Grade Finished SqFt:564
-
Below Grade Unfinished SqFt Source:Assessor
-
Tax Total Finished SqFt:1128
Interior
-
Interior Features:Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room
-
Flooring Type:Ceramic Tile, Partially Carpeted
-
Fireplace:No
-
Wall & Ceilings:Dry Wall
-
Living Area SqFt Source:Estimated
Room Dimensions
-
Total SqFt:1692
-
Living Area SqFt:1,692 Sqft
Financial & Terms
-
Sale Type:Standard
-
Acceptable Financing:Cash, Conventional
-
Possession:Subject to Existing Lease
Location
-
Directions:GPS to Cedarbrook and Upsal
-
Cross Street:Upsal St
-
Latitude:40.07378387
-
Longitude:-75.15989685
-
Location Type:Suburban
The Property
-
Property Type:Residential
-
Property Condition:Very Good, Good, Average
-
Lot Size Units:Square Feet
-
Lot Size Acres:0.03
-
Lot Size Source:Assessor
-
Lot Size Dimensions:16.00 x 90.00
-
Lot Dimensions Source:Assessor
-
Lot Features:Front Yard, Rear Yard
-
Lot SqFt:1,440 Sqft
-
Inclusions:All real property, including landlords applicances
-
Exclusions:Personal property of the tenant
-
Zoning:RSA5
-
Zoning Description:Residential
-
Road Responsibility:City/County
-
View:Garden/Lawn, Street
-
Outdoor Living Structures:Patio(s)
-
Other Structures:Above Grade, Below Grade
-
Horse:No
-
Water View:No
-
Waterfront:No
-
Water Oriented:No
-
Water Access:No
-
Navigable Water:No
-
Tidal Water:No
-
Land Use Code:R30
-
Ground Rent Exists:No
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (914) 584-3219
- Office phone:
- (610) 566-5182
Taxes
-
Tax ID Number:501246600
-
Tax Year:2024
-
Tax Lot:77
-
Tax Annual Amount:$2,227
-
Tax Assessed Value:$159,100
-
Year Assessed:2024
-
School Tax:1247.0
-
City/Town Tax:979.00
-
Total Taxes Payment Frequency:Annually
Beds
-
Bedrooms:3
-
Upper Level Bedrooms:3
-
Upper Level 1 Bedrooms:3
Baths
-
Total Baths:2
-
Full Baths:1
-
Half Baths:1
-
Upper Level Full Baths:1
-
Lower Level Half Baths:1
-
Upper Level Total Baths:1
-
Upper Level Total Baths:1.00
-
All Lower Levels Total Baths:1
-
Lower Level Total Baths:1.00
-
Upper Level Full Baths:1
-
Lower Level Half Baths:1
Heating & Cooling
-
Cooling Type:Ceiling Fan(s), Window Unit(s)
-
Central Air:No
-
Cooling Fuel:Electric
-
Heating:Yes
-
Heating Type:Radiator
-
Heating Fuel:Natural Gas
Utilities
-
Utilities:Cable TV Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
-
Sewer/Septic:Public Sewer
-
Hot Water:Natural Gas
-
Water Source:Public
Schools
-
School District Name:Philadelphia City
-
School District Source:Listing Agent
The Community
-
Subdivision Name:Cedarbrook
-
Senior Community:No
-
Exterior Features:Awning(s), Exterior Lighting, Flood Lights, Gutter System, Play Area, Sidewalks
-
Pool:No Pool
-
Association Recreation Fee:No
-
HOA:No
-
Condo/Coop Association:No
-
Municipal Trash:Yes
-
Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
Parking
-
Total Garage and Parking Spaces:2
-
Garage:Yes
-
Garage Features:Basement Garage
-
Garage Spaces:1.00
-
Type of Parking:Attached Garage, Driveway
-
Parking Features:Concrete Driveway
-
# of Attached Garage Spaces:1
-
Driveway - # of Spaces:1
Extra Units
-
Vacation Rental:No
Monthly cost estimate
Asking price
$199,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,070
|
Taxes | $185 |
Insurance | $54 |
Utilities | $167 See report |
Total | $1,476/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/27/24
Oct 27, 2024
|
Listed / Active | BRIGHT | $199,900 |