Two-Family Residential Income
For Sale
$750,000
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$376.51
Days on Market125
Property Features for 6548 Torresdale Ave
General Information
Standard status
Active
Size
1,992 SF
Site & Location
Neighborhood
Northeast Philadelphia
Building Details
Year Built
1930
Listing Agency:
Appreciation Realty LLC
Listed By:
Bei Y Chen · License #RS318088
(267) 984-5688
Source:
Tbhteam
Added: Jun 28
Changed: Oct 25
Last Checked: Oct 7 at 3:48PM
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
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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 / Yr
$33,993
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
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
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 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 4.53%
Second Best
Apartment 5plus
$447.6K
$391.7K – $522.2K
NOI $31,333 @ 7.0% cap · market cap 4.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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 $750,000.
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
