This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
$980,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
Property 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.
Full Property Details
Full Property Details for 6940-2 Torresdale Ave
General
- Price: $980,000
- Taxes: $2,844 (2025)
- Status: Active
- Type: Commercial
- Source: BrightMLSPhilly
- MLS ID: PAPH2564668
- Updated: 12/17/2025
- Added to Site: 46 day(s) ago
Business
- Business Type: Other
Parking
- Parking Type: None
Location
- Area: 19135 (19135)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: TACONY
- Cross Streets: Disston
- Driving Directions: Please Use GPS
- Location Details: Urban
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Natural Gas Available
Structural Information
- Construction: Masonry
- Foundation: Stone
- Roof: Flat
- Building Size: 2264
- Year Built: 1935
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306
- Lot Size Source: Estimated
- Lot Dimensions: 16.00 x 180.00
- Street/Road Desc.: US Highway/Interstate
- Zoning: CMX25
Financial Considerations
- Price Per Sq. Ft.: $432.86
- Assessment Year: 2025
- School Tax: $1,592
- City/TownTax: $1,251
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $203,200
- Tax Amount: $2,844
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 75
Listed by REDBLOCK Realty Inc., Adam Rocco
Get Pre-Approved Today
Price & Sales History for 6940-2 Torresdale Ave
Date
Details
Price
Change
Source
12/04/2025
Listed
$980,000
71.93%
MLS
9/17/2020
Sold
$570,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6940-2 Torresdale Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,844
—
$203,200
—
2024
$2,844
18%
$203,200
100%
2021
$2,405
-1%
-100%
2023
$2,433
1%
$173,800
1%
2020
$2,405
1%
$171,800
1%
2019
$2,381
3%
$170,100
3%
2018
$2,312
8%
$165,200
8%
2017
$2,150
—
$153,600
—
2016
$2,150
4%
$153,600
—
2015
$2,058
—
$153,600
—
2014
$2,058
—
$153,600
633%
2013
$2,048
—
$20,960
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6940-2 Torresdale Ave
6940-2 Torresdale Avenue, Philadelphia, PA 19135 (MLS# PAPH2564668) is a Commercial property. 6940-2 Torresdale Avenue is currently listed for $980,000 and was received on December 04, 2025. Want to learn more about 6940-2 Torresdale Avenue? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

