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.
For sale
$980,000
6940-2 Torresdale Ave, Philadelphia, PA 19135
6beds
--baths
4,528sqft
Est.:
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
- 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#: PAPH2489752

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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