1229 S 6th St, Philadelphia, PA 19147
Local realty services provided by:Mountain Realty ERA Powered
1229 S 6th St,Philadelphia, PA 19147
$745,000
- 3 Beds
- - Baths
- 2,864 sq. ft.
- Multi-family
- Active
Listed by: amira coleman
Office: compass pennsylvania, llc.
MLS#:PAPH2553930
Source:BRIGHTMLS
Price summary
- Price:$745,000
- Price per sq. ft.:$260.13
About this home
Welcome to 1229 S 6th Street – a prime mixed-use investment in Philadelphia’s desirable Passyunk Square neighborhood. This well-maintained corner property features a ground-floor commercial space with three fully occupied 1-bedroom/1-bath apartments above, offering a 7% cap rate with potential to reach 8%+ through rent increases or new tenants. The commercial storefront provides excellent visibility and foot traffic, currently operating as a dentist's office. Each apartment is separately metered and features updated kitchens and baths, hardwood floors, and strong rental history. Zoned CMX-2, the property allows for flexible use and future redevelopment. Located steps from Passyunk Avenue’s top restaurants, cafés, and shops, and minutes from Center City and I-95, this is a turnkey, income-producing property with strong upside potential.
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Home facts
- Year built:1915
- Listing ID #:PAPH2553930
- Added:49 day(s) ago
- Updated:December 18, 2025 at 02:28 PM
Rooms and interior
- Bedrooms:3
- Living area:2,864 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1915
- Building area:2,864 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Septic
Finances and disclosures
- Price:$745,000
- Price per sq. ft.:$260.13
- Tax amount:$6,996 (2025)
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