Property Description
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.
Property Features
Property Type: Commercial -
Cooling: Central A/C, Wall Unit, Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air, Hot Water
Lot Size: 0.10 Acres
Roof Type: Built-Up
Taxes: $2,372
Year Built: 1965
Feature Descriptions
Accessibility: Wheelchair Mod
Days on Site: 278
Electric: 120/240V, Circuit Breakers
Exterior: Frame
Flooring: Ceramic Tile, Laminated, Partially Carpeted, Vinyl
Location: Urban
Lot: Level
Lot Dimensions: 0.10 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Fenced, Paved Parking, Security/Monitored
Sewer: No Septic System
Total Garage/Parking Spaces: 3
Units: 2
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water: Public
1750-54 Bridge Street | MLS# PAPH2487376
This commercial property located at 1750-54 Bridge Street, Philadelphia, PA 19124 is currently listed for sale with an asking price of $679,000. 1750-54 Bridge Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymarkllc.com today.