For Sale

For Sale

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Photo of 1229 S 6th Street, Philadelphia PA
1229 S 6th Street
Philadelphia, PA 19147
# of Units
4
1 Bdrm Units
3
Acres
0.03
Interior SqFt
2,864
Age
111
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Septic
Garages
0
Taxes (2025)
6,996
Additional Details Below

Description

A rare opportunity to acquire a mixed-use asset in a prime location, combining immediate returns with future value creation. 6.7% cap rate with potential to exceed 8% through rent growth and value-add improvements An exceptional mixed-use investment opportunity in the heart of Passyunk Square, offering stable in-place income with clear long-term upside. This corner property features a ground-floor commercial space positioned for a coffee concept, complemented by 3 fully leased 1-bedroom apartments above. With strong neighborhood foot traffic and proximity to East Passyunk Avenue, the asset benefits from both residential demand and commercial viability. Currently generating approximately $5,150/month, the property delivers consistent cash flow with a clear path for growth. Projected rental income of approximately $5,700–$6,000/month can be achieved through strategic rent increases, value-add improvements to the residential units, and continued commercial optimization.

Location

Listing Details

Property Information

Summary
Architectural Type

Straight Thru

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Central A/C, Natural Gas

Heating

Forced Air, Natural Gas

Hot Water

Natural Gas

Sewer

Public Septic

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Cmx1
Lattitude : 39.932724
Longitude : -75.154053
MLS# : PAPH2589954
Views : 155
Listing Courtesy: Amira Coleman of Compass Pennsylvania, LLC

Notes

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Presentation: © 2026 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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