1229 S 6TH ST, Philadelphia, PA 19147

• 2,864 sqft

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.

Listing Status:

Active

Data Last Updated:

March 24, 2026 at 7:18AM

Listing Office:

Compass Pennsylvania, LLC : 2674358015

Listing Agent:

Amira Coleman : 2673340686

MLS ID:

PAPH2589954

Interior

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

Exterior

• General: Above GradeBelow Grade
• Style: Straight Thru

Construction

• General: MasonryOther

Location

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

Lot

• Zoning: CMX1871038400

Utilities

• Water: Public
• Sewer: Public Septic

Financial

• Source: BRIGHT_MAIN