$980,000

6940-2 Torresdale Ave Philadelphia, PA 19135

$10,000
Closing credit¹
4,528 sqft
0.03 acres
$216 / sqft
House

Property details

About 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.

Highlights

Home typeOther
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air
Size4,528 sqft
Lot size0.03 Acres
Year built1935
MLS #PAPH2489752

Virtual tour

Summary

  • Parking: None
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $980,000
  • Price/SqFt: $216
  • Directions: Please Use GPS
  • Year Built: 1935
  • Living Area: 4,528 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.03 Acres
  • MLS Number: PAPH2489752
  • MLS Name: BRIGHT
  • Office Name: REDBLOCK Realty Inc.
  • Office Phone: (215) 331-5252
  • Office Email: info@redblock.com
  • Listing Agent: Adam Rocco
  • Agent Phone: (215) 778-2517
  • Agent Email: adam@redblockrealty.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 8:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

6940-2 Torresdale Ave, Philadelphia, PA 19135 - view of building exterior

$980,000

6940-2 Torresdale Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Deep Roots Charter School

Public Charter KG-6

0.6 mi

3556 Frankford Ave

1

John Marshall Elementary School

Public District KG-5

0.7 mi

4500 Griscom St

4

John H. Webster Elementary School

Public District KG-5

0.9 mi

3400 Frankford Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,071. The majority of Philadelphia, PA residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

65%
<35k
33%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
33%
Single, with Kids
10%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
11%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 6940-2 Torresdale Ave

The listing price of 6940-2 Torresdale Ave property is $980,000.

The property 6940-2 Torresdale Ave is a house located in Philadelphia, Pennsylvania, 19135.

Active Listing: 6940-2 Torresdale Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 6940-2 Torresdale Ave are: Deep Roots Charter School (GreatSchools Rating 4/10), John Marshall Elementary School (GreatSchools Rating 1/10), John H. Webster Elementary School (GreatSchools Rating 4/10), Francis Hopkinson School (GreatSchools Rating 4/10), Allen M. Stearne School (GreatSchools Rating 2/10), Northwood Academy Charter School (GreatSchools Rating 6/10), Mariana Bracetti Academy Charter School (GreatSchools Rating 5/10), Community Academy of Philadelphia Charter School (GreatSchools Rating 4/10), First Philadelphia Preparatory Charter School (GreatSchools Rating 4/10).

The property at 6940-2 Torresdale Ave has 0 bathroom.

The property 6940-2 Torresdale Ave is 4,528 SqFt (source: MLS/tax record).

The year of construction for 6940-2 Torresdale Ave is 1935.

This home is located at 6940-2 Torresdale Ave in Philadelphia, PA and zip code 19124 in the Bridesburg / Kensington / Richmond neighborhood. This 4,528 square foot home, which was built in 1935, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $980,000.

In May 2025 in Philadelphia, PA there were 40.9% more homes for sale than in April. In May 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $298,569.

From Rocket Homes Real Estate and based on county public records data.

More resources