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Listed price in listed location currency (USD).
$729,900

000

MLS® PAPH2589954

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2864 sqft
Garage 
Taxes $6,996
Days Active 60
Lot Size 
Approx. Age 1915
Avg. Price Per Sqft $254
MLS® Number PAPH2589954

Property Address: 1229 S 6th St, Philadelphia, PA, 19147-4837

Average square foot calculated using Size range provided by listing agent.

Description

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 rental income of approximately $5, 700–$6, 000/month can be achieved through strategic rent increases, value-add improvements to the residential units, and continued commercial optimization.
MLS® NumberPAPH2589954
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 4, 2026List Date
$729,900List Price
Oct 20, 2025End Date
$1,450Sold Price

Leased

Sep 4, 2025List Date
$1,450List Price
  • Commute

Commute

Starting Address
Destination Address
1229 S 6Th St, Philadelphia, PA

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