Photo of 2940 Devereaux Avenue, Philadelphia PA
     
2940 Devereaux Avenue
Philadelphia, PA 19149
19149 Mayfair Castor Gardens
The School District Of Philadelphia
Philadelphia County
Asking Price$550,000
# of Units4
1 Bdrm Units2
2 Bdrm Units2
Acres0.14
Interior SqFt2,800
Age56
HeatingNatural Gas
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2025)5,838

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.

Room Sizes

Location


Driving Directions
From Frankford Avenue turn right onto Devereaux Aven, turn left onto Battersby Street, then right to 2940 Devereaux Avenue.

Details
Architectural Type - Traditional
Basement - Concrete Perimeter
Exterior Features - Masonry
Cooling - Central A/C, Electric
Heating - Programmable Thermostat, Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 40.028187
Longitude : -75.064674
EveryHome Number : APH255-51031
Listing Courtesy United Real Estate
Zoning Designation RSA5