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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 10/26/2025 |
|---|---|---|---|
| TRACT | PASSYUNK SQUARE | YEAR BUILT | 1915 |
| COMMUNITY | 19147 (19147) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19147 (19147) |
| HEAT | Forced Air, Natural Gas |
| LOT | 1307 sq ft |
| LOT DIMENSIONS | 16.00 x 80.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | PASSYUNK SQUARE |
| TAXES | 6996 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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