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.
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Neighborhood & Market Insights
This property is 32.9% above the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
-2.3% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee
