2940 DEVEREAUX AVE, Philadelphia, PA 19149

• 2,800 sqft

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.

Listing Status:

Active

Listing Office:

United Real Estate : 4843677727

Listing Agent:

Leighanne Tancredi : 2158802225

MLS ID:

PAPH2553998

Interior

• Basement: Other
• A/C: Central A/C
• Heating: Programmable ThermostatNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Traditional

Construction

• General: MasonryConcrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: Philadelphia City
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5621229610

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: Tenant belongings

This listing courtesy of Leighanne Tancredi, United Real Estate