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For sale
  • $980,000

    6940-2 Torresdale Ave, Philadelphia, PA 19135

    6beds
    --baths
    4,528sqft
    : 
    Retail
    Built in 1935
    -- sqft lot
    $959,200 Zestimate®
    $216/sqft
    $-- HOA

    What's special

    Brand-new contemporary kitchenModern studiosAll-electric utilitiesCeiling fanSleek laminate flooringSpacious two-bedroom one-bath units
    An exceptional real estate opportunity awaits at 6940-2 Torresdale Ave—two fully renovated properties being sold together. 4 Residential Apartments and 2 Commercial Spaces. Conveniently located in the Northeast - Tacony area. These properties feature four beautifully updated residential apartments. Two modern studios, and two spacious two-bedroom, one-bath units. All designed with sleek laminate flooring, all-electric utilities, and a brand-new contemporary kitchen. Each apartment is cable-ready, and the living room includes a ceiling fan for added comfort. In addition to the four residential spaces, these properties also include two fully renovated commercial spaces on the ground level, making them an ideal investment for business owners or those looking to expand their portfolio. The combined offering of 6940-2 Torresdale Ave presents incredible value with matching layouts across both buildings. Perfectly situated near public transportation with easy access to I-95, these properties are in a prime location. Nearby Disston Park offers a great spot for outdoor recreation, adding to the appeal of this vibrant neighborhood. Whether you're searching for move-in-ready apartments or an outstanding investment opportunity, 6940-2 Torresdale Ave delivers unmatched potential at an amazing value! Both properties are 100% leased. Gross annual rents $100,000, and low annual expenses only $15,000 which includes taxes, insurance, water. Tenants pay their own PECO bill. No gas. This investment property will make you a solid and consistent 8-9% return while the properties appreciate in value and rents increase! Top-notch commercial tenants on the first floor include a coffee shop and a beautifully redone showroom for a door distributor.
    78 days
    on Zillow
    |
    184
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 09:55am

    Listed by:

    Adam Rocco 215-778-2517,

    REDBLOCK Realty Inc. 2153315252,

    Co-Listing Agent: Eugene Yakimchenko 917-826-4444,

    REDBLOCK Realty Inc.

    Source: Bright MLS,MLS#: PAPH2489752MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 6940-2 Torresdale Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 4,528
    • Total interior livable area: 4,528 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,306.8 Square Feet
    • Dimensions: 16.00 x 180.00
    • Features: Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 871195250
    • Zoning: CMX25
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Retail
    Materials
    • Masonry
    • Foundation: Stone
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Tacony
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $216/sqft
    • Tax assessed value: $203,200
    • Annual tax amount: $2,844
    • Date on market: 6/3/2025
    • Listing agreement: Exclusive Agency
    • Listing terms: Conventional
    • Ownership: Fee Simple
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