2940 Devereaux Ave, Philadelphia, PA 19149
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
2940 Devereaux Ave,Philadelphia, PA 19149
$550,000
- 6 Beds
- - Baths
- 2,800 sq. ft.
- Multi-family
- Active
Listed by: leighanne tancredi
Office: united real estate
MLS#:PAPH2553998
Source:BRIGHTMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$196.43
About this home
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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Home facts
- Year built:1970
- Listing ID #:PAPH2553998
- Added:135 day(s) ago
- Updated:March 16, 2026 at 01:41 PM
Rooms and interior
- Bedrooms:6
- Basement:Yes
- Living area:2,800 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Natural Gas, Programmable Thermostat
Structure and exterior
- Year built:1970
- Building area:2,800 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$196.43
- Tax amount:$5,838 (2025)
Parking
- Parking description:On Street
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