7724 Cedarbrook Avenue
$199,900
3
1
1
1,692
1,692
$118
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!
- Listed by Anthony Joseph Krupincza • CG Realty, LLCP: (914)-584-3219 anthony@campbellgerrard.com
Property Details for 7724 Cedarbrook Avenue
Tax ID Number
501246600
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeInterior Row/Townhouse
StyleAirLite
Levels/Stories3
WaterfrontNo
LISTING UPDATED: 11/01/2024 10:55 AM
Property Details for 7724 Cedarbrook Avenue
Status | Active |
---|---|
MLS # | PAPH2414260 |
Days on Market | 25 |
Taxes | $2,227 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential / Fee Simple |
Year Built | 1950 |
Lot Size | 0.03 AC / 1,440 SF |
County | Philadelphia County |
Building Information for 7724 Cedarbrook Avenue
Stories3Residences-Year Built1950Lot Size0.03 AC / 1,440 SF
Property Information for 7724 Cedarbrook Avenue
Property History for 7724 Cedarbrook Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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