This 4-unit multifamily property located at 2940 Devereaux Street in Philadelphia offers strong cash flow and value-add potential. Three of the four units have been rehabbed and modernized, while the fourth has a long-term tenant on a month-to-month lease, providing steady income and upside potential. The building features a stucco exterior and is well maintained, located near shopping, public transportation, and schools. ________________________________________ Investment Highlights • Three units have been rehabbed and modernized, while the fourth has a long-term tenant on a month-to-month lease providing stable income and future upside potential. • Seller will consider up to $200,000 of seller financing. • Strong current cash flow with rent growth potential • Stucco exterior and well-maintained structure • Tenants contribute to water and utilities • Located near shopping, public transportation, and schools • Excellent long-term hold or 1031 exchange opportunity Inquire for the investor summary sheet.
Listed By
Agency Name: United Real Estate
Agency Phone: 4843677727
Shown By
Agent Name: Mike & Monica Nelson Team
Agent Phone: Cell: (410) 627-9990
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,870.98 per month $1,224.06 Principal & Interest $486.50 Property Tax $160.42 Homeowner's Insurance
2940 Devereaux Avenue | MLS# PAPH2553998
This multi-family property located at 2940 Devereaux Avenue, Philadelphia, PA 19149 is currently listed for sale with an asking price of $550,000. Devereaux Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.mikenelsonrealtor.com today.