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$195,000
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Property 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 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!
Full Property Details
Full Property Details for 7724 Cedarbrook Ave
General
- Sold For: $195,000
- Taxes: $2,227 (2024)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2414260
- Added to Site: 481 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room
- Flooring: Ceramic Tile, Partially Carpeted
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Lower Floor Baths: 1
- Lower - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Exterior
- Exterior Features: Awning(s), Exterior Lighting, Flood Lights, Gutter System, Play Area, Sidewalks
- Porch/Patio/Deck: Patio(s)
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Concrete Driveway
- Parking Type: Attached Garage, Driveway
- Garage Description: Basement Garage
Location
- Area: 19150 (19150)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Cedarbrook
- Subdivision: Cedarbrook
- Cross Streets: Upsal St
- Driving Directions: GPS to Cedarbrook and Upsal
- Location Details: Suburban
School Information
- School District: Philadelphia City
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
Structural Information
- Architectural Info: AirLite
- Architectural Style: AirLite
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Walkout Level, Space For Rooms, Rear Entrance, Poured Concrete, Partially Finished, Outside Entrance, Interior Access, Heated, Daylight, Partial
- Foundation: Permanent, Slab
- Roof: Rubber, Slate
- Walls/Ceilings: Dry Wall
- Stories/Levels: 0
- Stories Description: Lower 1, Upper 1
- Square Feet: 1,692
- Sq. Ft. Source: Estimated
- Living Area: 1,692 Sq. Ft.
- Finished Above Grnd: 1,128 Sq. Ft.
- Year Built: 1950
- Year Built Source: Assessor
- Property Condition: Very Good, Good, Average
Unit Information
Unit 1
- Bathrooms-Lower: 1
Lot Features
- Property View: Garden/Lawn, Street
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,440
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 90.00
- Lot Features: Front Yard, Rear Yard
- Zoning: RSA5
- Lot Description: Front Yard, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $177.22
- Assessment Year: 2024
- School Tax: $1,247
- City/TownTax: $979
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $159,100
- Tax Amount: $2,227
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1128
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal property of the tenant
- Inclusions: All real property, including landlords applicances
- Lot Number: 77
Listed by CG Realty, LLC, Anthony Joseph Krupincza
Sold by Castle Realty Services LLC, Zhi Qiang A Zhao
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Schools
Schools serving 7724 Cedarbrook Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Pennypacker Samuel School 1858 East Washington Lane, Philadelphia, PA 19138 | K-8 | 0.6 mi |
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7724 Cedarbrook Ave
Date
Details
Price
Change
Source
3/11/2025
Sold
$195,000
-2.45%
MLS
10/28/2024
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7724 Cedarbrook Avenue, Philadelphia, PA 19150 (MLS# PAPH2414260) is a Townhouse property that was sold at $195,000 on March 11, 2025. Want to learn more about 7724 Cedarbrook Avenue? Do you have questions about finding other Townhouse real estate for sale in West Oak Lane? You can browse all West Oak Lane real estate or contact a Coldwell Banker agent to request more information.

