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.
Listed by Adam Rocco
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License #RS336988
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REDBLOCK Realty Inc.
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2157782517
Last updated June 03, 2025
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Source: BrightMLS #PAPH2489752
Listing Facts
TypeMulti-family
NeighborhoodTacony
Days on Prevu96
Taxes$2,844/year
Size4,528 sqft
Price per sqft$216
Location
Mortgage Calculator
Listing History
06/03/2025
Listed by REDBLOCK Realty Inc.
$980,000
Property Details for 6940-2 Torresdale Avenue
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Roof: Flat
Year Built: 1935
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.03
Lot Size Dimensions: 16
Lot Size Source: Estimated
Lot Size Square Feet: 1,306
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $2,844.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 4,528
Living Area Source: Estimated
Other
Location
Subdivision Name: TACONY
Tax Lot: 75
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Electric: 100 Amp Service
Heating: Central
Has Heating: Yes
Sewer: Public Sewer
Utilities: Sewer Available, Natural Gas Available
Water Source: Public
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