Two-Family Residential Income
6548 Torresdale Avenue Philadelphia, PA 19135
For Sale
$819,999
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 Market668
Property Features for 6548 Torresdale Avenue
General Information
- Standard status
- Active
- Size
- 1,992 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1930
Listing Agency:
Appreciation Realty LLC
(267) 984-5688
Listed By:
Bei Chen · License #RS318088
(267) 984-5688
Source:
Xome
Added: Sep 26, 2024
Changed: Jul 21
Last Checked: Jul 24 at 5:44AM
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.4k | $25.80 |
| − Vacancy | −$2.8k | −$1.42 |
| EGI | $48.6k | $24.38 |
| − OpEx | −$14.6k | −$7.31 |
| NOI | $34.0k | $17.06 |
1,992 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Beauty Nails Spa
Hair Salon
FAQs
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 Avenue 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
