Torresdale Twin-Ranch Fire-Damaged Property with Full Renovation Potential $92,500
Calling all investors, contractors, and experienced renovators! This semi-detached twin-ranch in the desirable Torresdale neighborhood presents a substantial redevelopment opportunity for a buyer with the experience, resources, and vision to take on a complete rehabilitation project.
Situated on a generous approximately 25′ x 184′ lot, or roughly 4,600 square feet, the property offers valuable land, a practical twin-ranch layout, a spacious driveway, and convenient access to major transportation routes and everyday amenities.
The home provides approximately 1,071 square feet of above-grade living space, with 6 rooms, 3 bedrooms, and 1 full bathroom, along with a full basement featuring walk-out access.
The property has sustained fire damage and has remained unoccupied since the incident. As a result, this is not a cosmetic fixer or a property requiring only minor updates. It should be approached as a complete gut renovation, with structural, electrical, plumbing, HVAC, and other building systems requiring thorough professional evaluation and likely repair or replacement.
For an experienced investor or contractor, however, the existing footprint and location provide an opportunity to potentially transform the property into a completely renewed residence.
Established Torresdale Location
Location is one of the property’s strongest advantages.
The home is situated in the Torresdale neighborhood, just off Grant Avenue and conveniently located near I-95. This provides residents with access to major transportation routes and makes commuting to surrounding areas more convenient.
The property is also close to schools, shopping, public transportation, and everyday services, adding to its appeal once rehabilitation is complete.
For investors evaluating a renovation project, neighborhood location is an important consideration. A property with a substantial rehabilitation requirement can still offer potential when it is positioned in an established residential area with convenient transportation and nearby amenities.
Buyers should conduct their own research regarding current neighborhood conditions, comparable sales, rental demand, zoning, taxes, and potential resale values before determining the project’s financial feasibility.
Classic Twin-Ranch Design
The home’s existing stone-and-brick exterior gives it a classic appearance and provides an architectural foundation that could potentially be incorporated into the future renovation.
The semi-detached twin-ranch configuration offers a practical residential layout, while the approximately 1,071 square feet of above-grade space provides a manageable footprint for a complete transformation.
The three-bedroom configuration could appeal to future owner-occupants or rental-property buyers, subject to the final renovation plan and applicable building requirements.
The existing six-room layout provides additional flexibility for designing a modern interior. A future renovation could potentially reconfigure interior spaces to create improved living, dining, kitchen, bedroom, bathroom, and storage areas.
Any proposed changes should be reviewed by qualified professionals and completed in accordance with applicable building codes and permit requirements.
Full Basement with Walk-Out Access
Another notable feature is the full basement with walk-out access.
A full basement can provide valuable additional space beyond the home’s above-grade square footage. Depending on the condition of the basement and the requirements of local building officials, the future owner may be able to use the space for storage, mechanical systems, laundry, recreation, a workshop, or other permitted purposes.
Because the property sustained fire damage, the basement should be carefully evaluated as part of the overall renovation process.
Buyers should have qualified professionals inspect the foundation, framing, masonry, electrical components, plumbing, HVAC systems, moisture conditions, fire damage, smoke damage, and any other affected areas.
No future use of the basement should be assumed until the buyer has confirmed that the space can legally and safely support the intended purpose.
Spacious Lot and Driveway
The approximately 25′ x 184′ lot provides roughly 4,600 square feet of land, giving the property a useful combination of residential structure and outdoor space.
The spacious driveway is another practical feature, providing off-street parking that can be valuable for future residents.
The lot also provides room for landscaping, outdoor living improvements, fencing, or other permitted enhancements.
Buyers should independently verify the exact lot dimensions, property lines, easements, setbacks, zoning requirements, parking requirements, and any restrictions affecting future improvements.
Complete Rehabilitation Opportunity
The property’s condition should be clearly understood before proceeding.
Because the home sustained fire damage and has been unoccupied since, the project requires substantially more than ordinary cosmetic renovation.
A buyer should anticipate the need for a comprehensive assessment of the property.
This may include evaluation of:
- Structural framing
- Foundation
- Roof and roof structure
- Exterior masonry
- Electrical system
- Plumbing system
- HVAC system
- Interior walls and ceilings
- Flooring
- Windows and doors
- Kitchen
- Bathroom
- Basement
- Insulation
- Moisture conditions
- Smoke and fire-related damage
- Potential code violations
- Utility connections
The exact scope of work should be determined by qualified contractors, engineers, inspectors, and other appropriate professionals.
Investors should obtain detailed estimates before determining whether the property fits their renovation budget.
A realistic renovation plan should account not only for visible damage but also for potentially concealed conditions that may become apparent once demolition begins.
Opportunity for Experienced Investors
This property is particularly suited to cash buyers, experienced rehabbers, contractors, and investors who understand the challenges associated with major renovations.
A successful rehabilitation could potentially create a substantially improved residence while preserving the property’s existing twin-ranch footprint and desirable neighborhood location.
Investors should evaluate the property based on realistic acquisition costs, construction expenses, holding costs, financing requirements, insurance, permits, professional fees, contingency funds, and projected finished value.
Those considering the property as a rental investment should also research comparable rents and operating expenses.
Those considering resale should evaluate comparable renovated properties and current market conditions.
Because every renovation project carries uncertainty, buyers should perform their own financial analysis rather than relying solely on projected future value.
Bring Your Contractor
This is a property where professional evaluation is especially important.
Prospective buyers are encouraged to bring their contractor and other appropriate professionals to assess the property’s condition and determine what will be required to return it to safe and habitable condition.
The home’s current condition means that buyers should be prepared for a significant construction project.
At the same time, the existing structure, lot, driveway, basement, exterior character, and location provide a starting point that may be valuable to an experienced buyer.
The goal is not simply to make cosmetic changes but to completely transform the property into a functional, code-compliant residence.
Important Showing Requirements
Due to the property’s condition, specific access requirements apply.
A hold-harmless agreement must be signed before access to the property is permitted.
In addition, buyers must have their buyer’s agent present during showings.
Prospective purchasers should follow all showing instructions and safety requirements provided by the listing representative.
Because the property has sustained fire damage, buyers should exercise appropriate caution while evaluating the premises and should not enter restricted or unsafe areas. From: Zillow
Highest and Best Deadline
Highest and best offers are due Wednesday, August 19 at 8:00 PM.
Please include a reply date of August 20 with submitted offers, as requested in the listing instructions.
Buyers and agents should confirm all submission requirements, deadlines, and offer instructions before submitting an offer.
Property Highlights
- Semi-detached twin-ranch
- Desirable Torresdale neighborhood
- Approximately 4,600 sq ft lot
- Approximately 25′ x 184′ lot dimensions
- Approximately 1,071 sq ft above grade
- 6 rooms
- 3 bedrooms
- 1 full bathroom
- Full basement
- Walk-out basement access
- Spacious driveway
- Classic stone-and-brick exterior
- Convenient location near Grant Avenue
- Close to I-95
- Near schools, shopping, and public transportation
- Significant rehabilitation potential
- Fire-damaged property
- Complete gut renovation required
- Structural, electrical, plumbing, and HVAC evaluation necessary
- Ideal for experienced investors, contractors, and rehabbers
- Sold strictly AS-IS
- Hold-harmless agreement required for access
- Buyer agent must be present during showings
- Highest and best due 8/19 at 8:00 PM
- Reply date: 8/20
This property is not for the buyer looking for a move-in-ready home. It is an opportunity for someone who understands construction, renovation, and the potential rewards of taking on a major project.
The combination of a 3-bedroom twin-ranch layout, approximately 4,600-square-foot lot, full walk-out basement, spacious driveway, classic exterior, and convenient Torresdale location gives an experienced buyer a substantial foundation to work with.
The fire damage and resulting rehabilitation requirements should be taken seriously, and buyers must conduct comprehensive inspections and due diligence before moving forward. The property is being sold strictly as-is, with no expectation that the seller will complete repairs.
For the right investor, however, the challenge may also be the opportunity.
Bring your contractor, bring your renovation plan, and bring your vision. This Torresdale property is ready for a complete transformation by a buyer with the experience and resources to take it on.
