1750 Bridge St, Philadelphia, PA 19124

This is a turn-key 20-bed personal care home that is fully certified and in good standing with licensing authorities. The facility has a consistent waiting list, demonstrating community demand and long-term operational stability. The current owner is retiring and has opted not to operate at full capacity since COVID, 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. A new owner can substantially increase government income by expanding to higher-paying programs, such as Veterans Administration programs that pay $3,500+ per month for non-medical skilled housing. Skilled nursing programs and other specialized care providers may pay considerably more for qualified facilities. The properties consist of two adjacent, well-maintained buildings. One building, located at 1750 Bridge Street, is a three-story detached facility featuring 3 bedrooms, a kitchen, dining room, office, 2 full bathrooms, and a partially finished basement. The other building, located at 1754 Bridge Street, is 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. The zoning is RSA-5, with permitted use as a health or personal care facility. Other potential uses via variance include daycare, residential apartments, drug rehabilitation, or institutional facility. The 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.