2 months on rocket

Backup Offers

6803 Woodland Ave, Philadelphia, PA, 19142

$295,000

Home List Price

$3,503*

Closing Credit

0 Baths
1,950 SqFt
$151/SqFt
Multi

Location

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6803 Woodland Ave, Philadelphia$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1920
HeatingForced Air
CoolingOther
BasementYes
MLS #PAPH2399006
Lot Size0.05 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 6803 Woodland Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Living Area: 1,950 SqFt

Listing Office:

  • Office Name: Luxe Real Estate LLC
  • Office Phone: (215) 251-7519
  • Listing Agent: Michelle A Phillips

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

Other

Directions Information:

  • Directions: Woodland Avenue

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $1,254
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

6803 Woodland Ave vs Philadelphia

60 DAYS ON ROCKET

+16 Days

$295,000

+$33.1K More

$151/SqFt

-$48 Less

KEY TAKEAWAY

This property is $33.1K more than the Median Sold Price and $48/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2399006

Listing Office:

  • Office Name: Luxe Real Estate LLC
  • Office Phone: (215) 251-7519
  • Listing Agent: Michelle A Phillips

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 2020Home Sold
$300,000
Jun 25, 2004Home Sold
$57,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,254 -
2019$1,093$78,100
2018$801$57,200
2017$801$57,200

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-726223
5
/10

  • Joseph W. Catharine School

  • 6600 Chester Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-726224
2
/10

  • John M. Patterson Elementary School

  • 7000 Buist Ave

  • 0.47 miles

  • Public District Grades KG-4

school-card-donut-726225
3
/10

  • Philadelphia Montessori Charter School

  • 2227 Island Rd

  • 0.56 miles

  • Public Charter Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,515. Residents of Philadelphia, PA typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19142›6803 Woodland Ave

This home is located at 6803 Woodland Ave in Philadelphia, PA and zip code 19142 in the Mount Moriah neighborhood. This 1,950 square foot home, which was built in 1920, sits on a 0.05 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $295,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. The inventory of homes for sale in Philadelphia, PA between September 2024 and October 2024 increased by 9.8%. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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