Welcome to 1229 S 6th Street — a thoughtfully positioned mixed-use investment opportunity in the heart of Passyunk Square. This corner property features three fully leased 1-bedroom/1-bath apartments above a ground-floor commercial space, offering a blend of stable in-place income and long-term upside. Currently generating $5,150/month, the property delivers a 6.7% cap rate with low operating expenses and clear opportunity for future growth. The commercial space is positioned for a bakery + coffee shop, bringing added foot traffic, neighborhood appeal, and long-term rental potential. Each residential unit is well maintained with strong rental history, while the CMX-2 zoning provides flexibility for continued mixed-use operation or future repositioning. Located just steps from East Passyunk Avenue’s top restaurants, cafés, and boutiques, this is a turnkey asset in one of Philadelphia’s most desirable corridors. Whether you’re an investor seeking consistent cash flow with upside, or an owner-occupant looking to integrate business and residential income, 1229 S 6th Street offers a compelling opportunity at a newly adjusted price.
Listed By
Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimated Payment
$ 4,296.78 per month $3,500.90 Principal & Interest $583.00 Property Tax $212.89 Homeowner's Insurance
1229 S 6th Street | MLS# PAPH2589954
This multi-family property located at 1229 S 6th Street, Philadelphia, PA 19147 is currently listed for sale with an asking price of $729,900. S 6th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.