7724 Cedarbrook Avenue

Philadelphia, PA 19150

$199,900
Price
3
Beds
1
Bath
1
1/2 Bath
1,692 Sq. Ft.
$118 / Sq. Ft.
1,692
Sq. Ft.
$118
per Sq. Ft.

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...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!
  1. Listed by Anthony Joseph Krupincza • CG Realty, LLC
    P: (914)-584-3219 anthony@campbellgerrard.com

Property Details for 7724 Cedarbrook Avenue

Tax ID Number
501246600
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Interior Row/Townhouse
Style
AirLite
Levels/Stories
3
Waterfront
No
LISTING UPDATED: 11/01/2024 10:55 AM

Property Details for 7724 Cedarbrook Avenue

StatusActive
MLS #PAPH2414260
Days on Market25
Taxes$2,227 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Fee Simple
Year Built1950
Lot Size0.03 AC / 1,440 SF
CountyPhiladelphia County

Building Information for 7724 Cedarbrook Avenue

Stories3Residences-Year Built1950Lot Size0.03 AC / 1,440 SF

Property Information for 7724 Cedarbrook Avenue

Location
Location
  • 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
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19150 (19150)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Property Manager Y/N: No
  • Senior Community: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $159,100
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $127,280
  • City Town Tax: $979
  • Land Assessed Value: $31,820
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: R30
  • Refuse Fee: $0
  • Loss Mitigation Fee: No
  • Historic: No
  • Zoning: RSA5
  • Zoning Dscrp: Residential
  • Tax Lot: 77
  • School Tax: $1,247
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
All Upper Levels
  • # Bedrooms Count All Upper Levels: 3
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 3
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
All Lower Levels
  • # Bathrooms All Lower Levels: 1
  • # Bathrooms Half All Lower Levels: 1
Lower Level 1
  • # Bathrooms Lower Level: 1
  • # Bathrooms Half Lower Level: 1
Rooms
  • Stories: Lower 1, Upper 1
Financial Information
Financial Information
  • Annual Rental Income: $22,200
Building Info
Building Info
  • Total Finished SQFT: 1,692.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 1,128.00
  • Total SQFT: 1,692.00
  • Total SQFT Source: Estimated
  • Construction Materials: Masonry
  • Roof: Rubber, Slate
  • Wall and Ceiling Types: Dry Wall
  • Flooring Type: Ceramic Tile, Partially Carpeted
  • Basement Type: Walkout Level, Space For Rooms, Rear Entrance, Poured Concrete, Partially Finished, Outside Entrance, Interior Access, Heated, Daylight, Partial
  • Basement Finished Percent: 50.00
  • Basement Footprint Percent: 50.00
  • Foundation Details: Permanent, Slab
  • Room and Floor: Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1, Bathrooms Half-Lower Level 1-1
  • # Bathrooms Full: 1
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 90.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Front Yard, Rear Yard
  • Road Responsibility: City/County
  • Location Type: Suburban
  • Parcel ID: 1239913
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Attached Garage, Driveway
  • Num of Attached Garage Spaces: 1
  • Driveway - # of Spaces: 1
  • Total Garage Spaces: 1
  • Parking Features: Concrete Driveway
  • Garage Features: Basement Garage
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Awning(s), Exterior Lighting, Flood Lights, Gutter System, Play Area, Sidewalks
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
  • Horse: No
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Suburban West REALTORS Association
  • List Agent URL: www.anthonyphillyrealestate.com

Property History for 7724 Cedarbrook Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7724 Cedarbrook Avenue

Taxable ValueLand$31,820Additions$127,280Total$159,100
Tax Record2023$2,227 ($186 / month)
Home Facts
Beds3Total Finished SqFt1,128 SqFtAbove Grade Finished SqFt1,128 SqFtStories2Lot Size1,440 SqFtStyleCondominiumYear Built1950ZoningRSA5CountyPHILADELPHIAAPN50-1-2466-00

Schools near 7724 Cedarbrook Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
Pennypacker Samuel School
PublicPK to 8

King Martin Luther High School
Public9 to 12

Hill-Freedman World Academy
Public6 to 12

Parkway Northwest
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7724 Cedarbrook Avenue is a townhouse for sale in Philadelphia, PA 19150. This property was listed for sale on October 28, 2024 by CG Realty, LLC, it's currently listed at $199,900. This listing's school district is The School District of Philadelphia. Nearby schools include Pennypacker Samuel School, King Martin Luther High School and Hill-Freedman World Academy. 7724 Cedarbrook Avenue is a 3-bed, 1.5-bath, 1,692 sqft townhouse built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CG Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.