Two-Family Residential Income
For Sale
$819,999
6548 Torresdale Ave, Philadelphia, PA 19135
Two-family buildings with two-bedroom units on the second floor and long-term tenants generating monthly rental income.
Property Size1,992 SF
Price / SF$411.65
Days on Market74
Property Features for 6548 Torresdale Ave
General Information
Standard status
Active
Size
1,992 SF
Building Details
Year Built
1930
Listing Agency:
Appreciation Realty LLC
Listed By:
Bei Y Chen · License #RS318088
(215) 625-0889
Source:
Tbhteam
Added: Jun 28
Changed: Sep 8
Last Checked: Sep 8 at 5:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Appreciation Realty LLC
Investment Insights
Based on property information with market context.
This offering consists of two family-owned buildings. Each building includes a 2-bedroom apartment located on the second floor. The units are currently occupied by long-time, good tenants, producing average monthly rental income.
The property is situated on a busy business district in the Tacony area, with the seller having operated a successful beauty/nail salon in the vicinity for many years.
Please note the salon/business is not included in the sale of the properties. The seller may consider a lease-back or negotiate a sale of the business as a package with the buildings.
The property is situated on a busy business district in the Tacony area, with the seller having operated a successful beauty/nail salon in the vicinity for many years.
Please note the salon/business is not included in the sale of the properties. The seller may consider a lease-back or negotiate a sale of the business as a package with the buildings.
Key Highlights
- Two‑family building with 2‑bedroom apartments on the 2nd floor
- Long‑term tenants generating average $1,000/month rental income (per the current averages stated)
- CMX2 zoning; on‑street parking included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,993
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$679,860
$679.9K
Cap Rate 7%
$485,614
$485.6K
Cap Rate 9%
$377,700
$377.7K
Market Conditions
NOI Build-Up for 1,992 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.4K $25.80/SF
− Vacancy
−$2.8K −$1.42/SF
EGI
$48.6K $24.38/SF
− OpEx
−$14.6K −$7.31/SF
NOI
$34.0K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$679,860
Cap Rate 7%
$485,614
Cap Rate 9%
$377,700
Alternative Uses
Best Use
Multifamily LT 5
$485.6K
$424.9K – $566.6K
NOI $33,993 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$447.6K
$391.7K – $522.2K
NOI $31,333 @ 7.0% cap · market cap 3.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family buildings with two-bedroom units on the second floor and long-term tenants generating monthly rental income.
Where is this duplex located?
The property is located at 6548 Torresdale Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $819,999.
What are key features of this property?
This property features: Two‑family building with 2‑bedroom apartments on the 2nd floor; Long‑term tenants generating average $1,000/month rental income (per the current averages stated); CMX2 zoning; on‑street parking included
