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sales rep | Brivity IDX

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6813 Woodland Ave , Philadelphia, PA 19142
$179,900
Est. Payment: $971.85/mo
3 Bed
5 Bath
2635 Sqft
0.06 Acres
Status: active | Days on site: 42
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LUXERELLC1 - 3185708
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House Description

Investor Opportunity with Significant Value-Add Potential! This property presents a unique opportunity for an experienced investor looking to reposition and maximize a multi-family asset. Currently configured as 5 units, the property previously generated approximately $3,600 per month when fully occupied, with potential for increased rental income through improvements and optimization. The property was previously a legal triplex and formerly carried RM-1 zoning; however, it is currently zoned RSA-3 (single-family). The seller has already initiated the zoning process and was advised that pursuing approval for 4 units may be the most straightforward path. Buyer will be responsible for completing the zoning process and independently verifying permitted use. The surrounding block includes numerous multifamily properties, providing additional context for the property's potential. For investors considering the upside, legal triplex properties have sold in the area for approximately $270,000, offering a useful reference point when evaluating the potential value and equity opportunity associated with successfully restoring a legal multifamily use. The property currently has one paying tenant at $800/month. Each unit has a separate water heater, while the building currently operates from one shared house heating system. An investor may consider converting to individual mini-split systems, electric baseboard heat, or another separately controlled system as part of the property's renovation and repositioning. This is an opportunity for an investor who understands the zoning and value-add process to acquire a property with an existing five-unit configuration, prior legal multi-family history, established rental-income potential, and multiple avenues for repositioning. Property is being sold in its current condition. Buyer is responsible for all zoning, use, licensing, and due-diligence verification.

Highlights

Listed by Michelle Phillips , 2152517519 Luxe Real Estate LLC , 2153269095. Bright MLS

Property Type

Residential

Lot/Acreage
0.06

Year Built

1920

County

Philadelphia

Area

19142 (19142)

Neighborhood

Philadelphia (Southwest)

School District

The School District Of Philadelphia

Listing ID

PAPH2673478

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Above Ground Sq Ft:2635
Basement:Full,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:23X120
Zoning:Previously zoned RM-1; Seller initiated the zoning process; advised pursuing 4-unit approval is the most straight-forward path.
Roof:Flat
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$972
Taxes
$311

Home Price

$179,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$35,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$971.85

Principal

Taxes

Principal Taxes HOA Total
Monthly $971.85 $311.08 $0.00 $1,282.93
Yearly $11,662.21 $3,733.00 $0.00 $15,395.21
Total $349,866.34 $111,990.00 $0.00 $461,856.34
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T13:14:08.000Z

© 2026 Bright MLS