BEDS0
BATHS
SQUARE FEET2,800
MLS#PAPH2602870
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.14 Acres
Taxes: $5,838
Year Built: 1970
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.14 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 2
Units: 4
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: KW Main Line - Narberth
Agency Phone: 6106683400
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,745.12 per month $1,112.78 Principal & Interest $486.50 Property Tax $145.83 Homeowner's InsuranceChange Payment Information
2940 Devereaux Avenue | MLS# PAPH2602870
This multi-family property located at 2940 Devereaux Avenue , Philadelphia, PA 19149 is currently listed for sale with an asking price of $500,000. Devereaux Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymark.net today.