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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.
| DAYS ON MARKET | 0 | LAST UPDATED | 3/29/2026 |
|---|---|---|---|
| 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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