Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
This is a rare opportunity to acquire a Turn-Key 20-bed Personal Care Home that is fully certified, and in good standing with licensing authorities. The facility enjoys a consistent waiting list, demonstrating strong community demand and long-term operational stability. The owner is retiring and, since COVID, has opted not to operate at full capacity — resulting in below-optimum ROI and presenting a significant upside opportunity for the next operator. Currently, 15 residents occupy the facility, most receiving SSI assistance and paying an average rate of approximately $1,640 per month at the lowest tier. A new owner can substantially increase GUARANTEED GOV'T INCOME by expanding to higher-paying programs. For instance: The Veterans Administration pays $3,500+ per month for non-medical skilled housing. Skilled nursing programs and other specialized care providers pay considerably more for qualified facilities. The properties consist of two adjacent, well-maintained buildings: • 1750 Bridge Street. A three-story detached facility featuring 3 bedrooms, a kitchen, dining room, office, 2 full bathrooms, and a partially finished basement. • 1754 Bridge Street. A two-story facility with 8 rooms, 4 full bathrooms, a commercial kitchen, laundry area, dining area, office, half bathroom, additional storage, and reception area on the lower level. The second floor mirrors the layout with 5 bedrooms and 2 full bathrooms. Zoning & Potential Uses: Zoning: RSA-5 Permitted Use (Y50): Health or Personal Care Facility Other potential uses via variance: Daycare, Residential Apartments, Drug Rehabilitation, or Institutional Facility. This property has been meticulously owned and operated by the same owner for over 20 years, ensuring a clean, compliant, and well-maintained environment. This listing is for the real estate only. If the investor wants to include the existing SSI occupant's business goodwill, the Asking Price is $779,000. Salient financial and licensing documents are available to serious, pre-qualified investors upon execution of a Non-Disclosure Agreement (NDA).
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s), Wall Unit(s), Gas, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Secured, Paved, Off Site, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.1
-
Property Type
Commercial Sale
Price
-
Sales Price
$679,000
-
Tax Amount
2372.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
FELTONVILLE ARTS AND SCIENCES
-
Middle School
JOHN PAUL JONES
-
High School
FRANKFORD
Property Features
-
Accessibility Features
Accessible Entrance, Customized Wheelchair Accessible
-
Foundation Details
Slab, Stone
-
Tax Lot
58
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
PHILADELPHIA
Elementary School
FELTONVILLE ARTS AND SCIENCES
Middle School
JOHN PAUL JONES
High School
FRANKFORD
Listing Courtesy of Darryl K Miller , Keller Williams Main Line
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Broker | Owner
ChristyIssler
Call Christy today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.