1229 S 6th St, Philadelphia, PA 19147

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
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#:PAPH2589954
Source:BRIGHTMLS

Price summary

  • Price:$745,000
  • Price per sq. ft.:$260.13

About this home

1229 S 6th Street presents a prime mixed-use investment opportunity in Philadelphia’s highly sought-after Passyunk Square neighborhood. This well-maintained corner property features a ground-floor commercial space and three fully occupied 1-bedroom/1-bath residential units above, generating approximately $61,800 in current annual income (6.6% cap rate) following after rent increases that take effect April 1. The ground-floor commercial storefront offers strong visibility and steady tenancy. Each residential unit is separately metered and features updated kitchens and baths, hardwood floors, and a consistent rental history, making this a stable, income-producing asset. Zoned CMX-2, the property allows for flexible mixed-use occupancy and long-term value appreciation. Located just steps from East Passyunk Avenue’s renowned restaurants, cafés, and boutique retail, and within minutes of Center City, public transit, and major highways, 1229 S 6th Street offers investors a turnkey asset

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2589954
  • Added:129 day(s) ago
  • Updated:March 08, 2026 at 01:36 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
  • Architectural Style:Straight Thru
  • Construction Materials:Masonry

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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