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Located at 6940-2 Torresdale Avenue, Philadelphia, Pennsylvania 19135, Tacony neighborhood, this Multi-Family Home is for Sale with a price of $980,000 USD. The property was built in 1935,. This listing has 4,528 Sq.Ft. of interior space on a lot of .03 Acres. See all Homes for Sale in Tacony.
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27. 6940-2 Torresdale Avenue
1. 6940-2 Torresdale Avenue
2. 6940-2 Torresdale Avenue
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PhiladelphiaTacony6940-2 Torresdale Avenue

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Description

6940-2 Torresdale Avenue,

Philadelphia, PA 19135

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.

This is an Active listing.

Broker Office Phone Number: 215-331-5252

Copyright © 2025Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: REDBLOCK Realty Inc. via Data Source: Bright MLS 
$980,000
price
$216
Price Per Sqft
$2,844
Annual taxes
Multi-Family Home
Property type
1935
Year Built
Philadelphia City
School District
Philadelphia City
School District
philadelphia-city-sd-philadelphia-pa
Schools
15491426
Web Id
PAPH2489752
MLS ID
48
Days Posted

Price History

datepricevariancetype
6/3/2025$980,000-Listed
more info
4,528 Sq Ft.
interior
0.03 Acres
Exterior
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    6940-2 Torresdale Avenue
    Tacony, Philadelphia, PA 19135

    $980,000