R5-Zoned Residential Income
For Sale
$250,000
Pending
7111 Torresdale Ave, Philadelphia, PA 19135
Residential property with natural-gas hot water, a full unfinished area, and on-street exterior access.
Property Size1,440 SF
Days on Market26
Property Features for 7111 Torresdale Ave
General Information
Standard status
Pending
Size
1,440 SF
Property subtype
Residential Income
Zoning
R5
Taxes and HOA fees
Annual Taxes
$2,858
Amenities
Hot Water, Natural Gas
Full, Unfinished
On Street
Other
Building Details
Building Size
1,440 SF
Year Built
1935
Listing Agency:
(215) 868-1480
Listed By:
Nick Huynh
(215) 868-1480
Source:
Evrealestate
Added: Jul 10
Changed: Aug 4
Last Checked: Aug 4 at 2:32AM
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 Nick Huynh
Investment Insights
Based on property information with market context.
This residential income property was built in 1935 and is located at 7111 Torresdale Ave in Philadelphia, Pennsylvania. The property is designated R5 zoning and has a listed property size of 1,440.
Interior features include hot water, natural gas, and a full, unfinished area. The exterior feature is identified as on-street access. The property is situated in Philadelphia County, with directions provided by GPS.
Interior features include hot water, natural gas, and a full, unfinished area. The exterior feature is identified as on-street access. The property is situated in Philadelphia County, with directions provided by GPS.
Key Highlights
- R5 zoning designation
- Built in 1935
- Listed property size of 1440
Financial Insights For Apartment 5plus
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 | $43.7k | $30.36 |
| − Vacancy | −$2.5k | −$1.76 |
| EGI | $41.2k | $28.60 |
| − OpEx | −$18.5k | −$12.87 |
| NOI | $22.7k | $15.73 |
1,440 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$323.6K
$283.1K – $377.5K
NOI $22,651 @ 7.0% cap · market cap 9.06%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$351.0K
$307.2K – $409.6K
NOI $24,573 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,427
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
$182,900
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Residential property with natural-gas hot water, a full unfinished area, and on-street exterior access.
Where is this residential income property located?
The property is located at 7111 Torresdale Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: R5 zoning designation; Built in 1935; Listed property size of 1440
