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2940 Devereaux Avenue, Philadelphia, PA 19149

$550,000
  • 2940 Devereaux Avenue, Philadelphia, PA 19149 Main Photo

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SQUARE FEET2,800 MLS#PAPH2553998
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Programmable Thermostat
Home Style: Traditional
Lot Size: 0.14 Acres
Taxes: $5,838
Year Built: 1970

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.14 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 2
Units: 4
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Listed By / Shown By

Listed By

Agency Name: United Real Estate
Agency Phone: 4843677727

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Estimated Payment

$ 1,870.98 per month $1,224.06 Principal & Interest $486.50 Property Tax $160.42 Homeowner's Insurance

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