$ 659,900
-
$659,900
Price -
0
Bed -
0
Bath -
5,000
SqFt
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About the Listing KELWLMML - 3164901
A rare opportunity to acquire a fully certified, turn-key 20-bed Personal Care Home in good standing with all licensing authorities, offering immediate cash flow with clear upside. The facility maintains a consistent waiting list, underscoring durable community demand and long-term operational stability. The owner is retiring and, post-COVID, has elected not to operate at full capacity—creating below-optimal ROI today and a compelling value-add opportunity for the next operator. Current Operations & Upside 15 residents in place, most receiving SSI assistance at an average $1,640/month (lowest tier). Significant income expansion is available by enrolling in higher-paying programs. Veterans Administration housing programs pay $3,500+ per month. Skilled nursing and specialized care providers pay materially higher rates for qualified facilities. The two adjacent property features well-maintained buildings, meticulously owned and operated by the same owner for 20+ years: 1750 Bridge Street – Three-story, detached facility with 3 bedrooms, kitchen, dining room, office, 2 full baths, and partially finished basement. 1754 Bridge Street – Two-story facility featuring 8 rooms, 4 full baths, commercial kitchen, laundry, dining area, office, half bath, storage, and reception on the lower level; second floor mirrors the layout with 5 bedrooms and 2 full baths. Zoning & Flexibility: RSA-5, Permitted Use (Y50): Health or Personal Care Facility. Potential Uses by Variance: Daycare, Residential Apartments, Drug Rehabilitation, Institutional Facility. Offering Details: Real estate only is offered at the list price. Optional acquisition of existing SSI occupants’ business goodwill available; Asking Price with goodwill: $779,000. Financials, licensing, and operational documentation available to serious, pre-qualified investors upon execution of an NDA. Ideal for experienced operators, investors seeking government-backed income streams, or buyers looking to reposition and scale a compliant care facility with proven demand.
Listing Highlights
Status
Active
Days on Site
297
Property Type
Commercial Sale
MLS ®
PAPH2487376
Year Built
1965
Total Square Footage
5,000
Lot/Acreage
0.1
County
Philadelphia
Area
19124 (19124)
School District
Philadelphia City
Elementary School
Feltonville Arts And Sciences
Middle School
John Paul Jones
High School
Frankford
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Wall Unit,Window Unit(s)
- Heating: Forced Air,Hot Water
- Fireplaces:
- Floor: Ceramic Tile,Laminated,Partially Carpeted,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 40.00 x 104.00
- Zoning: RSA5
- Roof: Built-Up
- Others: Excellent
- Sewer: No Septic System
- Parking Features: Fenced,Paved Parking,Security/Monitored,Off Site,Parking Lot,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,372
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
1750 1750-54 Bridge St Philadelphia, PA 19124
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