$ 268,000
-
$268,000
Price -
5
Bed -
0
Bath -
1,950
SqFt
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About the Listing LUXERELLC1 - 3185708,3189589
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!
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1950
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 23.00 x 100.00
- Zoning: RSA3
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $2,736
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
6803 Woodland Ave Philadelphia, PA 19142
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