MLS#PAPH2600914
STATUSACTIVE
PROPERTY TYPECommercial -
SUBDIVISIONPASSYUNK SQUARE
SCHOOLPHILADELPHIA CITY
Property Description
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 in one of Philadelphia’s most desirable and walkable neighborhoods with strong, recently increased rental income and long-term upside potential.
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.03 Acres
Taxes: $6,996
Year Built: 1915
Feature Descriptions
Days on Site: 3
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 4
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
1229 S 6th Street | MLS# PAPH2600914
This commercial property located at 1229 S 6th Street , Philadelphia, PA 19147 is currently listed for sale with an asking price of $745,000. S 6th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymarkllc.com today.