1229 S 6th St, Philadelphia, PA 19147

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
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:46 day(s) ago
  • Updated:December 16, 2025 at 12:12 AM

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)