Philadelphia, PA 19135 6940-2 Torresdale Avenue

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Presented By: REDBLOCK Realty Inc.
  • MLS# PAPH2489794
  • 06/03/2025
  • Request Tour
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  • SQFT • 2,264

Home Details

An exceptional real estate opportunity awaits at 6940-2 Torresdale Avetwo 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.
Presented By: REDBLOCK Realty Inc.

Interior Features for 6940-2 Torresdale Avenue

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 6940-2 Torresdale Avenue

Acceptable FinancingConventional
AccessibilityNone
Business TypeOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsPlease Use GPS
Electric100 Amp Service
HeatingCentral
Location TypeUrban
Lot Size Square Feet1306.80
Lot Size UnitsSquare Feet
MLS Area19135 (19135)
ModificationTimestamp2025-06-03T16:55:55
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG216.43
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameTACONY
Tax Annual Amount2844.0
Tax Assessed Value203200.0
Tax Lot75
Tax Year2025
UtilitiesSewer Available, Natural Gas Available
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1935
Year Built SourceAssessor
ZoningCMX25

Exterior for 6940-2 Torresdale Avenue

Building Area Total4528.00
Foundation DetailsStone
Land Assessed Value40640.00
Land Use CodeS30
Lot Dimensions16.00 x 180.00
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road ResponsibilityState
Road Surface TypeUS Highway/Interstate
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $980,000
MLS#PAPH2489794
List Date 06/03/2025
Property Type Commercial
Phone 571.207.5186
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