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7724 Cedarbrook Ave
For Sale $199,900 ($118.14 per Sq Ft)
$199,900 ($118.14 per Sq Ft)
- 3 Bedrooms
- 2 Bathrooms
- 1,692 Sq Ft
- 1,440 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 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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $199,900 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,692 |
| Number of Stories | 0 stories |
| Parking Spots | 1 spots |
| Year Built | 1950 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 501246600 |
| MLS # | PAPH2414260 |
| Property ID | 320991116 |
| Lot Sqft | 1,440 |
| Zoning | RSA5 |
| Days on Market | 28 |
| Original List Price | Unknown |
| Date Updated | November 01, 2024 |
| Date Created | October 27, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $22,200 | $0 |
Listing Provided By
Anthony Joseph Krupincza an agent of . Lic #RS348126
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Data last updated: November 24, 2024.
Robert Crawford
REAL ESTATE AGENT