This Multifamily Property is no longer advertised on LoopNet.com.

2946 Devereaux Ave
Philadelphia, PA 19149
Devereaux Court Apartments · Multifamily Property For Sale · 32 Units

Investment Highlights

  • 32 Unit Portfolio in Philadelphia Market
  • Landlord pays utilities, ability to assign to tenants - $17,980 in potential additional income
  • All three properties within 3 minute drive of one another for reduced management cost
  • 90% of units under market rent - $33,588 in potential additional rental income
  • Potential Additional Unit Development (up to 30 units) RSA5 Zoning
  • Dedicated Parking Lots (10-16 spaces) at each property totaling 40 spaces / Ample non-metered street parking

Property Facts

No. Units 32
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.97 AC
Building Size 29,066 SF
Average Occupancy 100%
No. Stories 3
Year Built 1972
Parking Ratio 1.44/1,000 SF
Zoning RM1 RSA5 R9

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 27 - -
2+1 5 - -

Property Taxes

Property Taxes

Parcel Number
881163100
Land Assessment
$180,000
Improvements Assessment
$420,000
Total Assessment
$600,000
  • Listing ID: 23712528

  • Date on Market: 7/19/2021

  • Last Updated:

  • Address: 2946 Devereaux Ave, Philadelphia, PA 19149

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