1229 S 6TH ST, Philadelphia, PA 19147

Property Description

A rare opportunity to acquire a mixed-use asset in a prime location, combining immediate returns with future value creation. 6.7% cap rate with potential to exceed 8% through rent growth and value-add improvements. An exceptional mixed-use investment opportunity in the heart of Passyunk Square, offering stable in-place income with clear long-term upside. This corner property features a ground-floor commercial space positioned for a coffee concept, complemented by 3 fully leased 1-bedroom apartments above. With strong neighborhood foot traffic and proximity to East Passyunk Avenue, the asset benefits from both residential demand and commercial viability. Currently generating approximately $5,150/month, the property delivers consistent cash flow with a clear path for growth. Projected rental income of approximately $5,700–$6,000/month can be achieved through strategic rent increases, value-add improvements to the residential units, and continued commercial optimization.

Listing Status:

Active

Data Last Updated:

June 14, 2026 at 7:17AM

Listing Office:

Compass Pennsylvania, LLC : 2674358015

Listing Agent:

Amira Coleman : 2673340686

MLS ID:

PAPH2600914

Interior

• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Disability Feature: None

Construction

• General: MasonryOther

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX1871038400

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN