Philadelphia, PA 19147 1229 S 6Th Street
$745,000
18 more
Presented By: Compass Pennsylvania, LLC
Beds • 3
Beds • 3Home Details
Welcome to 1229 S 6th Street a prime mixed-use investment in Philadelphias 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 Avenues top restaurants, cafs, and shops, and minutes from Center City and I-95, this is a turnkey, income-producing property with strong upside potential.
Presented By: Compass Pennsylvania, LLC
Interior Features for 1229 S 6Th Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1229 S 6Th Street
AccessibilityNone
Architectural StyleStraight Thru
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
Directionsgps
Garage Y/NNo
HeatingForced Air
Living Area2864
Lot Size Square Feet1280.00
Lot Size UnitsSquare Feet
MLS Area19147 (19147)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG260.13
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount6996.0
Tax Assessed Value499800.0
Tax Lot342
Tax Year2025
Total SQFT2864
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCMX1
Exterior for 1229 S 6Th Street
Foundation DetailsOther
Land Assessed Value99960.00
Land Use CodeY50
Lot Dimensions16.00 x 80.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
