#PAPH2480868, Luis Ortiz, Listing office: Keller Williams Realty - Moorestown
6940-2 Torresdale Ave Philadelphia, PA 19135
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
(ACTIVE)
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
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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.
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$980,000
6940-2 Torresdale Ave
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Price information
Property sales
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Tax history
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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.
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.
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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.