6803 WOODLAND AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19142
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $151
MLS Listing ID PAPH2399006
Style Traditional
Year Built 1920
Annual Tax Amount $2,736
Tax Year 2024
Lot Size 2,300 Sqft
Property Description
Welcome to 6803 Woodland Avenue - a legal, renovated triplex in Southwest Philadelphia offering a prime opportunity for passive, hassle-free income. Currently occupied by reliable Section 8 tenants, this property provides stability, guaranteed income, and minimal management efforts?making it the ideal investment. Section 8 allows for rent increases every two years. Two units are due for an increase in November 2024, boosting future cash flow. Tenants pay rent through Buildium, an online property management platform, ensuring consistent, automated payments. The seller provides a list of trusted local maintenance professionals (plumbers, HVAC techs, landscapers, etc.) to ensure smooth ongoing management. The seller is committed to a seamless transition, offering tenant payment history and proof of current Section 8 payments for due diligence. With reliable tenants in place, stable Section 8 income, and recent upgrades, this property offers the perfect opportunity to step into the role of a passive investor. Don?t miss out on this solid investment in a growing market!
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Other
Exterior
Waterfront N
Water Access N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard