Owner Finance Available
2940 Devereaux Ave
Philadelphia, PA 19149
🛏️
6
Bedrooms
🚿
4
Bathrooms
📏
2,800
Sq Ft
📅
1970
Year Built
Philadelphia, PA 19149
6
Bedrooms
4
Bathrooms
2,800
Sq Ft
1970
Year Built
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.
Property Type
Multi_family
Year Built
1970
HOA
None
Listed Price
$550,000
Free account - No credit card required
Owner financing means the seller of 2940 Devereaux Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Philadelphia, PA is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Philadelphia property.