PA > Philadelphia
Philadelphia, PA 19149,2940 DEVEREAUX AVE
Philadelphia, PA 19149,2940 DEVEREAUX AVE
Philadelphia, PA 19149,2940 DEVEREAUX AVE
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$550,000
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2,800 SqFt
Active

2940 DEVEREAUX AVE Philadelphia, PA 19149

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

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

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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 The School District Of Philadelphia

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

Bright MLS (BMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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