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Marjorie Dick Stuart

  • Cell 240-731-8079
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6940-2 Torresdale Ave, PHILADELPHIA, PA – $980,000

  • $980k Price
  • 2,264 Sqft
  • .03 Acres
  • 40 DOM
  • $980k Price
  • 2,264 Sqft
  • .03 Acres
  • 40 DOM

6940-2 Torresdale Ave

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.

Essential Information

  • MLS® #PAPH2489794
  • Price$980,000
  • Bathrooms0.00
  • Square Footage2,264
  • Acres0.03
  • Year Built1935
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address6940-2 Torresdale Ave
  • Area19135
  • SubdivisionTACONY
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19135

Amenities

Utilities

Sewer Available, Natural Gas Available

Interior

  • HeatingCentral
  • CoolingCentral A/C

Exterior

  • RoofFlat
  • FoundationStone

School Information

District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

  • Date ListedJune 3rd, 2025
  • Days on Market40
  • ZoningCMX25

Listing Details

  • OfficeREDBLOCK Realty Inc.
  • Office Contact2153315252
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Listing information last updated on July 12th, 2025 at 10:15pm CDT.