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2940 Devereaux Avenue

PHILADELPHIA, PA 19149
  • $550,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: PAPH2553998
UPDATED: 15 min ago
$550,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,800
    SQFT
  • $196
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

School District:

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 opportunityInquire for the investor summary sheet.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-11-17T19:52:22.003.
www.mcclainwilliamson.com/homes/169425867
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2940 Devereaux Avenue PHILADELPHIA, PA 19149

  • Price: $550,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 15 min ago
  • ID#: PAPH2553998
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2,800
SQFT
$196
$/SQFT
1970
Built
Neighborhood:
19149 (19149)
County:
Philadelphia
Area:
19149 (19149)
School District:
Philadelphia City
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 opportunityInquire for the investor summary sheet.
Exterior Features

Architectural Style Traditional Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2800 Basement Other Basement YN Yes Below Grade Finished Area 0 Cooling Central A/C Exclusions Tenant belongings Heating Programmable Thermostat Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None

Property Features

Acceptable Financing CashConventionalSeller Financing Accessibility Features None Central Air YN Yes Cooling Fuel Electric Foundation Details Concrete Perimeter Heating Fuel Natural Gas Hot Water Other Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Original MLSNumber 804280212762 Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5838.00 Tax Lot 410 Total Actual Rent 42180.00 Vacation Rental YN No Water Source Public Zoning RSA5

Listing courtesy of United Real Estate: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-11-17T19:52:22.003.
 
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East New Market MD, 21631