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!
Sold for $195,000
$195,000
7724 Cedarbrook Ave, Philadelphia, PA 19150
3beds
1,692sqft
Townhouse
Built in 1950
1,440 Square Feet Lot
$199,400 Zestimate®
$115/sqft
$2,290 Estimated rent
Home value
$199,400
$179,000 - $221,000
$2,290/mo
Zestimate® history
Owner options
List your home for rent
$2,290/mo
Rent Zestimate®
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$2,290/mo
Rent Zestimate®
Refinance and save
$1,266/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,266/mo
Est. payment
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List your homeWhat's special
Private parkingPicturesque tree-lined street
Zillow last checked:
Listing updated:
Listed by:
Anthony Krupincza 914-584-3219,
CG Realty, LLC
Bought with:
Zhi Qiang Zhao, RS301632
Castle Realty Services LLC
Source: Bright MLS,MLS#: PAPH2414260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Basement
- Description: Percent Finished: 50.0
- Area: 564
Heating
- Radiator, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s), Crown Molding, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Dry Wall
- Flooring: Ceramic Tile, Carpet
- Basement: Walk-Out Access,Space For Rooms,Rear Entrance,Concrete,Partially Finished,Exterior Entry,Interior Entry,Heated,Partial
- Has fireplace: No
Interior area
- Total structure area: 1,692
- Total interior livable area: 1,692 sqft
- Finished area above ground: 1,128
- Finished area below ground: 564
Property
Parking
- Total spaces: 2
- Parking features: Basement, Concrete, Attached, Driveway
- Attached garage spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Patio
- Exterior features: Awning(s), Lighting, Flood Lights, Rain Gutters, Play Area, Sidewalks
- Pool features: None
- Has view: Yes
- View description: Garden, Street
Lot
- Size: 1,440 sqft
- Dimensions: 16.00 x 90.00
- Features: Front Yard, Rear Yard, Suburban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 501246600
- Zoning: RSA5
- Zoning description: Residential
- Special conditions: Standard
- Other equipment: Negotiable
Construction
Type & style
- Home type: Townhouse
- Architectural style: AirLite
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Permanent, Slab
- Roof: Rubber,Slate
Condition
- Very Good,Good,Average
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: Cedarbrook
- Municipality: PHILADELPHIA
HOA & financial
Other financial information
- Total actual rent: 22200
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $195,000-2.5%$115/sqft |
Source:  Bright MLS #PAPH2414260 Report a problem | ||
| 2/19/2025 | Pending sale | $199,900$118/sqft |
Source: Bright MLS #PAPH2414260 Report a problem | ||
| 12/15/2024 | Contingent | $199,900$118/sqft |
Source: Bright MLS #PAPH2414260 Report a problem | ||
| 10/28/2024 | Listed for sale | $199,900+207.5%$118/sqft |
Source: Bright MLS #PAPH2414260 Report a problem | ||
| 10/31/2017 | Listing removed | $1,300$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 9/30/2017 | Listed for rent | $1,300$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 7/17/1996 | Sold | $65,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,800 +25.7% | $200,000 +25.7% |
| 2024 | $2,227 | $159,100 |
| 2023 | $2,227 +41.8% | $159,100 |
| 2022 | $1,571 | -- |
| 2021 | $1,571 -4.2% | -- |
| 2018 | $1,639 | -- |
| 2017 | $1,639 -2.3% | -- |
| 2016 | $1,677 | -- |
| 2015 | $1,677 | -- |
| 2014 | $1,677 +4.5% | $119,800 +562.6% |
| 2012 | $1,605 | $18,080 |
| 2011 | -- | $18,080 |
| 2010 | -- | $18,080 |
| 2009 | -- | $18,080 |
| 2008 | -- | $18,080 |
| 2007 | -- | $18,080 +7.4% |
| 2006 | -- | $16,832 |
| 2005 | -- | $16,832 |
| 2004 | -- | $16,832 +5.4% |
| 2003 | -- | $15,968 +9.2% |
| 2002 | -- | $14,624 +9.1% |
| 2000 | -- | $13,408 +8% |
| 1999 | -- | $12,416 |
Find assessor info on the county website
Neighborhood: West Oak Lane
Nearby schools
GreatSchools rating
- 4/10Pennypacker Samuel SchoolGrades: PK-8Distance: 0.6 mi
- 1/10King Martin Luther High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$199,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$199,400
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19150
- West Oak Lane
- 7724 Cedarbrook Ave
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