69402 Torresdale Avenue

PHILADELPHIA, PA 19135

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,264 Sqft
  • 1306.8
    Sqft(Lot)
$980,000

Description

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.

  • Property Type

    Multi-Family

  • Subdivision

    Tacony

  • County

    PHILADELPHIA

  • Style

    Traditional

  • AD ID

    50052270

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Flat

    Roofing Information

    • Flat

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1935
    • Structure: Over Storefront
    • New Construction: No
    • Total Units: 3
    • Built: 1935
    • Construction Material: Masonry
    • Roof: Flat
    • Foundation/Basement: Stone
    • Architecture: Traditional
    • Pool/Private: No Pool
    • Roof Type: Flat

    Exterior Features

    • Utilities: Sewer Available,Natural Gas Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 1,307
    • Dimensions: 16.00 x 180.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Traditional
    • Main Square Feet: 1,307

    Property Information

    • SQ ft: 4,528
    • SQ ft (Living Area): 4,528
    • Total Lot SQ ft: 1,307
    • Subdivision: TACONY
    • Financing: Conventional
    • Appx. Lot Dimensions: 16.00 x 180.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $2,844
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $203,200

  • Virtual Tour

    Parking Information

    • Parking Type: None

    Multi-Unit Information

    • Acceptable Financing: Conventional
    • Road Surface: US Highway/Interstate
    • Roof: Flat

    Homeowners Association Information

    • Direction: Please Use GPS

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Sewer Available,Natural Gas Available
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Location Type: Urban
    • Direction: Please Use GPS
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BuyOwner last updated this listing 06/11/2025 @ 04:52

  • MLS: PAPH2489752
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,264 sqft, 1,307 sized lot, and 0 parking. are nearby neighborhoods.