$295,000
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6803 Woodland Avenue Philadelphia, PA 19142 Municipality: Philadelphia
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.05
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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 effortsâmaking it the ide...al 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. Donât miss out on this solid investment in a growing market!
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MLS#
PAPH2399006
Property Type
Multi-Family
Year Built
1920
Price per Sq. Ft.
$151.28
Lot Size
0.05
Sewer
Public Sewer
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