$2,482 Closing Credit¹
Angelita M Byrd, Listing Office: EXP Realty, LLC
$2,374
closing credit¹
7724 Cedarbrook Ave Philadelphia, PA 19150
$199,900 List price
$2,374
Closing credit¹
3 beds
1 full, 1 partial
1,692 sqft
0.03 acres
$118 / sqft
Townhouse
Property details
About 7724 Cedarbrook Ave
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!
Highlights
Home typeTownhouse
HeatingRadiant
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
CoolingCeiling Fan(s), Window Unit(s)
Size1,692 sqft
BasementYes
Lot size0.03 Acres
Year built1950
ParkingBasement Garage, Concrete Driveway, Attached Garage,Driveway
MLS #PAPH2414260
Garage1 space
ViewGarden
Summary
- MLS Number: PAPH2414260
- MLS Name: BRIGHT
- Office Name: CG Realty, LLC
- Office Phone: (610) 566-5182
- Listing Agent: Anthony Joseph Krupincza
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$199,900
7724 Cedarbrook Ave
$2,374
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $0 | $1,570 |
| 2019 | $117,100 | $1,639 |
| 2018 | $119,800 | $1,676 |
| 2017 | $119,800 | $1,676 |
History based on county public records data.
Nearby schools
7
Wyncote Elementary School
Public District KG-4
1.1 mi
•333 Rices Mill Rd
2
William Rowen Elementary School
Public District KG-5
1.2 mi
•6841 N 19th St
5
Glenside Elementary School
Public District KG-4
1.6 mi
•400 Harrison Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,441. Residents of Philadelphia, PA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
26%
<35k
52%
35k-100k
22%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
18%
Single, with Kids
22%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
46%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Where do the neighbors shop?
IKEA
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Starbucks
What do the neighbors drive?
Lexus
BMW
What do the neighbors listen to?
Soft Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7724 Cedarbrook Ave
This home is located at 7724 Cedarbrook Ave in Philadelphia, PA and zip code 19150 in the Cedarbrook neighborhood. This 1,692 square foot home, which was built in 1950, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $199,900.
While more than 218 listings in Philadelphia, PA in December 2024 were sold above asking price, there were more than 229 listings sold at asking price, and more than 580 were sold below. The number of homes for sale in Philadelphia, PA decreased by 2.3% between November and December 2024. Listings spent 49 days on the market in December 2024, and had a median list price of $267,873 during the same period.
From Rocket Homes Real Estate and based on county public records data.