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2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
2940 DEVEREAUX AVENUE
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$500,000

2940 DEVEREAUX AVENUE

6 Beds 2,800 Sq.Ft. 6,146 Sq.Ft.

Description

Great opportunity to add a strong, income-producing asset to your portfolio at 2940 Devereux Avenue in the heart of Philadelphia's 19149 zip code. This fully rented quadruplex is an ideal fit for investors, including those seeking a 1031 exchange, offering immediate cash flow and long-term upside. The property features four well-laid-out units, including two 1-bedroom, 1-bath apartments and two 2-bedroom, 1-bath apartments, providing a desirable unit mix for a broad tenant base. Three of the four units have been thoughtfully updated, enhancing both rental appeal and overall value, while the remaining unit offers potential for future improvement and increased returns. Conveniently located near Wissinoming Park, the property is surrounded by neighborhood amenities, including shopping, dining, and easy access to public transportation, making it highly attractive to tenants. Whether you are expanding your portfolio or completing a 1031 exchange, this turnkey multi-family property delivers steady income, strong rental demand, and a prime Northeast Philadelphia location.

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Location

2940 DEVEREAUX AVENUE, PHILADELPHIA, PA 19149

Status

For Sale
Damon  Michels

Damon Michels

TITLE

Associate Broker

Property Amenities

Interior
Appliances Gas Water Heater
Total Bedrooms: 6
Area & Lot
Total area 2,800 Sq.Ft.
Lot Area 6,146 Sq.Ft.
Living area 2,800 Sq.Ft.
MLS® ID PAPH2602870
Year Built 1970
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Architecture Styles Traditional
Type Multi-Family
Status For Sale
Exterior
Pool None
Air conditioning Central Air, Electric
Heat type Natural Gas, Forced Air
Water Source Public
Sewer Public Sewer
Parking On Street
Finance
Sales Price $500,000
Real Estate Tax $5,838 yearly
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 2940 DEVEREAUX AVENUE, PHILADELPHIA, PA 19149. We are reviewing your request and will be in touch shortly!

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Northeast Philadelphia

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