1229 S 6 Th St
$745,000
1229 S 6 Th St, Philadelphia, PA 19147
2,864 sqft
Building Size
1915
Year Built
Details:
Highlights:
- Days on Market: 2
- Heating: Forced Air
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.
Location
Gallery