$745,000

1229 S 6TH ST, Philadelphia, PA 19147

  • 2,864 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $260/sqft
  • Property List Date Icon Listed 20 days ago

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
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Straight Thru
  • General: MasonryOther
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: CMX1871038400
  • Water: Public
  • Sewer: Public Septic
  • Source: BRIGHT_MAIN

This listing courtesy of Amira Coleman , Compass Pennsylvania, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vare-Washington School

1198 S 5th St, Philadelphia, PA, 19147

Grades KG-8

0.10 miles away

V

Vare-Washington School

1198 S 5th St, Philadelphia, PA, 19147

Grades KG-8

0.10 miles away

A

Academy at Palumbo

1100 Catharine St, Philadelphia, PA, 19147

Grades 9-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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