MLS: #PAPH2589954, Listed By: Amira Coleman, Compass Pennsylvania, LLC, Source:Bright MLS
1229 S 6th Street
PHILADELPHIA, PA 19147
3
Bed
0
Bath
2,864Sqft
0.03Acre(Lot)
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 re
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3 -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Gas
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Building Information
Year Built: 1915 Building Area Total: 2864 Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 16.00 x 80.00 Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1280
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Listing Price Information
Listing Price: $715000
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Tax Information
Parcel Number: 871038400 Tax Lot: 342 Tax Year: 2025 Annual Tax: $6996
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Parking Information
On Street
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Location Information
Direction: gps WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 129 Bainbridge Street, Philadelphia, PA, 19147 | $1,200,000 | 4 | -- | 3,526 | 3,526 SqFt |
| 1402 S 2nd Street, Philadelphia, PA, 19147 | $475,000 | 4 | -- | 2,235 | 2,235 SqFt |
| 1230 S 2nd Street, Philadelphia, PA, 19147 | $1,300,000 | 4 | -- | 1,728 | 1,728 SqFt |
| 788 S 2nd Street, Philadelphia, PA, 19147 | $685,000 | 5 | -- | 2,113 | 2,113 SqFt |
| 1228 S 2nd Street, Philadelphia, PA, 19147 | $1,300,000 | 6 | -- | 2,457 | 2,457 SqFt |
| 1231 S Philip Street, Philadelphia, PA, 19147 | $1,300,000 | 2 | -- | 1,440 | 1,440 SqFt |
| 618 S 3rd Street, Philadelphia, PA, 19147 | $595,000 | 3 | -- | 1,702 | 1,702 SqFt |
| 622 S 3rd Street, Philadelphia, PA, 19147 | $699,900 | 6 | -- | 2,694 | 2,694 SqFt |
| 319 Wharton Street, Philadelphia, PA, 19147 | $550,000 | 3 | -- | 1,968 | 1,968 SqFt |
| 815 S 4th Street, Philadelphia, PA, 19147 | $650,000 | 2 | -- | 2,430 | 2,430 SqFt |
Similar Multifamily To 1229 S 6th Street
Nearby For Sale
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ByOwner last updated this listing 06/20/2026 @ 12:07
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