1229 S 6TH ST, Philadelphia, PA 19147

• 2,864 sqft

Property Description

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.

Listing Status:

Active

Listing Office:

Compass Pennsylvania, LLC : 2674358015

Listing Agent:

Amira Coleman : 2673340686

MLS ID:

PAPH2553930

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

This listing courtesy of Amira Coleman, Compass Pennsylvania, LLC