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1750-1754 Bridge St 5,011 SF Health Care Building Offered at $679,000 in Philadelphia, PA 19124
Investment Highlights
- Fully licensed 20-bed Personal Care Home in good standing.
- Consistent waiting list ensures strong demand and stability.
- Long-term ownership with clean compliance and maintenance history.
- Two adjacent, well-maintained buildings with flexible layouts.
- Significant upside through VA and skilled nursing programs.
Executive Summary
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 Property
Two adjacent, 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
Zoning: 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 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.
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 Property
Two adjacent, 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
Zoning: 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 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 Facts
| Price | $679,000 | Lot Size | 0.17 AC |
| Price Per Bed | $33,950 | Building Size | 5,011 SF |
| Sale Type | Investment or Owner User | No. Beds | 20 |
| Property Type | Health Care | No. Stories | 3 |
| Property Subtype | Rehabilitation Center | Year Built/Renovated | 1940/2014 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | RSA-5 - RSA-5 with a Y50 Use: Personal and Health Care Facility | ||
| Price | $679,000 |
| Price Per Bed | $33,950 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,011 SF |
| No. Beds | 20 |
| No. Stories | 3 |
| Year Built/Renovated | 1940/2014 |
| Opportunity Zone |
Yes |
| Zoning | RSA-5 - RSA-5 with a Y50 Use: Personal and Health Care Facility |
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Walk Score®
Very Walkable (77)
Transit Score®
Excellent Transit (85)
Property Taxes
| Parcel Numbers | Improvements Assessment | $322,725 | |
| Land Assessment | $116,775 | Total Assessment | $439,500 |
Property Taxes
Parcel Numbers
Land Assessment
$116,775
Improvements Assessment
$322,725
Total Assessment
$439,500
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1750-1754 Bridge St
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