Philadelphia, PA 19147,1229 S 6TH ST
Philadelphia, PA 19147,1229 S 6TH ST
Philadelphia, PA 19147,1229 S 6TH ST
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Listed by Amira Coleman • Compass Pennsylvania, LLC
$745,000
Est. payment /mo
1,280 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Passyunk Square

MLS Listing ID PAPH2552474

Year Built 1915

Annual Tax Amount $6,996

Tax Year 2025

Lot Size 1,280 Sqft

Acres 0.03

Lot Dimensions 16.00 x 80.00

Property Sub-Type Mixed Use

Source BRIGHT

Property 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

State PA

County Philadelphia

Area 19147 (19147)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871038400

Ownership Fee Simple

Special Listing Condition Standard


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Bright MLS (BMLS)
Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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1229 S 6TH ST