2940 DEVEREAUX AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19149
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $196
MLS Listing ID PAPH2553998
Style Traditional
Abv Grd Liv Area 2,800
Year Built 1970
Annual Tax Amount $5,838
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Detached
Source BRIGHT
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.
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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.
Location
State PA
County Philadelphia
Area 19149 (19149)
Zoning RSA5
Rooms
Basement Other
Interior
Hot Water Other
Heating Programmable Thermostat
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 2800
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 621229610
Ownership Fee Simple
SqFt Source 2800
Acceptable Financing Cash,Conventional,Seller Financing
Listing Terms Cash,Conventional,Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard