Investments Sales Management

Straight Thru

1229 S 6TH STREET

PHILADELPHIA , PA 19147

MLS#: PAPH2589954

$745,000

Status: Active
Listing number: PAPH2589954
Listing provided by: Compass Pennsylvania, LLC
Listing agent phone: None
Last update: 12 days ago
On site: 14 days ago
Browse Properties
Main image without alt text

Property

Beds

3

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

2,864

1229 S 6th Street presents a prime mixed-use investment opportunity in Philadelphia’s highly sought-after Passyunk Square neighborhood. This well-maintained corner property features a ground-floor commercial space and three fully occupied 1-bedroom/1-bath residential units above, generating approximately $61,800 in current annual income (6.6% cap rate) following after rent increases that take effect April 1. The ground-floor commercial storefront offers strong visibility and steady tenancy. Each residential unit is separately metered and features updated kitchens and baths, hardwood floors, and a consistent rental history, making this a stable, income-producing asset. Zoned CMX-2, the property allows for flexible mixed-use occupancy and long-term value appreciation. Located just steps from East Passyunk Avenue’s renowned restaurants, cafés, and boutique retail, and within minutes of Center City, public transit, and major highways, 1229 S 6th Street offers investors a turnkey asset in one of Philadelphia’s most desirable and walkable neighborhoods with strong, recently increased rental income and long-term upside potential.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2864.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Straight Thru

Price

  • Sales Price

    $745,000

  • Tax Amount

    $6,996

  • Sq. Footage

    2, 864

  • Price/SqFt

    $260

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Sewer

    Septic Tank

  • Tax Lot

    342

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Amira Coleman , Compass Pennsylvania, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.

(267) 980-3930

todd@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
1229 S 6th Street presents a prime mixed-use investment opportunity in Philadelphia’s highly sought-after Passyunk Square neighborhood. This well-maintained corner property features a ground-floor commercial space and three fully occupied 1-bedroom/1-bath residential units above, generating approximately $61,800 in current annual income (6.6% cap rate) following after rent increases that take effect April 1. The ground-floor commercial storefront offers strong visibility and steady tenancy. Each residential unit is separately metered and features updated kitchens and baths, hardwood floors, and a consistent rental history, making this a stable, income-producing asset. Zoned CMX-2, the property allows for flexible mixed-use occupancy and long-term value appreciation. Located just steps from East Passyunk Avenue’s renowned restaurants, cafés, and boutique retail, and within minutes of Center City, public transit, and major highways, 1229 S 6th Street offers investors a turnkey asset in one of Philadelphia’s most desirable and walkable neighborhoods with strong, recently increased rental income and long-term upside potential.

1229 S 6TH STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Extraordinary Rittenhouse Square Development Opportunity - (price is 875K for each property, 1.75M total) A rare offering in the heart of Rittenhouse Square, this expansive, multi-property presents limitless potential for an inspired buyer or developer. Spanning three 3 story conjoined buildings across two parcels, let your imagination meet one of Philadelphia’s most coveted neighborhoods. The first parcel includes 2014 Sansom Street and 2013 Moravian Street. 2014 Sansom is a three-story storefront property that has been home to an architect’s office since the 1970s. Above the commercial space sits a 1,500 sq ft, two-bedroom, one-bath bi-level apartment with a private deck. 2013 Moravian Street is a charming three-story 1,400 sq ft rowhome featuring two bedrooms, one full bath, a roof deck and a courtyard shared with 2014 Sansom. The second parcel, 2016 Sansom Street, mirrors the storefront-and-residence configuration, offering a ground-floor commercial space with a 1,500 sq ft, two-bedroom, one-bath bi-level apartment above. The storefronts between 2014 and 2016 Sansom have been opened and the apartment access reconfigured, creating a seamless flow between buildings—the parcels must be purchased together. All three rental units are currently rented with 12 month leases. Zoned CMX-4, this unique assemblage unlocks a wide array of adaptive reuse possibilities, including commercial, luxury single-family, or multi-family development. With unmatched location, scale, and flexibility, this is a fabulous opportunity to create something truly exceptional just steps from Rittenhouse Square.
#PAPH2572542

PHILADELPHIA

2014 SANSOM STREET

6 Beds

None Baths

1,415 Sq.Ft.

$875,000

MLS#: PAPH2572542

Located in the heart of Bella Vista, this three-story Triplex offers a unique layout with desirable private outdoor spaces for each unit. The main-floor unit features direct access to its own private backyard, ideal for entertaining or outdoor enjoyment. The upper unit spans the second and third floors, with the third-floor level offering a private rear patio, providing additional outdoor living space. Conveniently located near the Italian Market, public transportation, dining, and shopping, this property presents an excellent opportunity for both investors and owner-occupants.
#PAPH2568760

PHILADELPHIA

1176 S 10TH STREET

5 Beds

None Baths

2,064 Sq.Ft.

$750,000

MLS#: PAPH2568760

Exceptional opportunity to own a well-maintained, 3-unit multifamily building in Passyunk Square, just blocks from the restaurants and shops on Passyunk Ave. The building used to be a small coffee factory, and was thoughtfully converted into apartments. Each unit has one bedroom and one bathroom, and the 1st floor unit has access to a rear patio and a large partially finished basement. All units have beautiful hardwood floors, separate gas and electric meters, in-unit washer and dryer, and well-designed floor plans. Great opportunity for a savvy homeowner to live in one unit and rent the other two, or for an investor looking for a prime area with strong rental income.
#PAPH2564538

PHILADELPHIA

910 MOUNTAIN STREET

3 Beds

None Baths

2,500 Sq.Ft.

$597,000

MLS#: PAPH2564538

A fully vacant mixed-use multifamily property located in Philadelphia, PA 19104. The property consists of three units totaling approximately 3, 600 rentable square feet, including two three-bedroom apartments and one ground-floor commercial space on the corner of 39th street and Haverford Ave. The asset is being offered vacant, providing an investor with immediate control over leasing strategy, tenant mix, and rental positioning. All income, expense, and return metrics presented herein are pro forma and based on market-supported assumptions. At the price of $695,000, the property is projected to generate a pro forma Net Operating Income of approximately $47,909, representing a projected cap rate of 6.89% upon stabilization.
#PAPH2576864

PHILADELPHIA

601 N 39TH STREET

9 Beds

None Baths

3,240 Sq.Ft.

$695,000

MLS#: PAPH2576864

If you’ve dreamed of living or working in one of Philadelphia’s most iconic and walkable neighborhoods, 148 Vine Street presents a rare Old City opportunity with exceptional live/work and investment potential. This mixed-use property offers over 2,200 square feet of flexible space with two separate entrances, allowing for a wide range of uses. The open, sunlit first-floor commercial storefront is well suited for a boutique, gallery, creative studio, or client-facing office. The space includes a convenient powder room, access to a spacious basement, and a large walk-in refrigerator from its former use as a floral shop. A separate residential entrance leads to a three-story, four-bedroom home above. The second level features a welcoming dining area, a cozy living room with fireplace, inlaid hardwood floors, and a well-equipped kitchen. The third and fourth floors offer generous living space and classic Old City charm, with abundant natural light, a soaking tub, and a dormered upper level. Whether positioned as an owner-occupied live/work property or reimagined as a long-term investment, 148 Vine Street offers flexibility, strong visibility, and enduring demand in one of Philadelphia’s most established commercial and residential markets.
#PAPH2581476

PHILADELPHIA

148 VINE STREET

3 Beds

None Baths

2,215 Sq.Ft.

$700,000

MLS#: PAPH2581476

Rare triplex with 3 garages in south Philly, first floor used to be a store, currently use an apartment; second floor 1 bedroom 1 bath with a patio; third floor features 2 bedrooms and spacious living area. all units and garages are rented. 1152 S 13th St, duplex also for sale. Must buy 2 properties together.
#PAPH2453372

PHILADELPHIA

1162 S 10TH STREET

3 Beds

None Baths

2,550 Sq.Ft.

$646,980

MLS#: PAPH2453372

Rarely offered, newly constructed duplex investment opportunity just steps from Temple University with approximately six years of full tax abatement remaining! Fully occupied and generating strong rental income, this low-maintenance property features two spacious units, each offering 4 large bedroom suites with private en-suite bathrooms, oversized windows, high ceilings, modern kitchens, ample closet space, in-unit laundry, and private patios. The property also includes a shared fenced back patio and a security system for added convenience and peace of mind. Located in a high-demand rental market, this is a turnkey investment with significant income potential and low operating costs. Don’t miss this rare opportunity to add a prime, high-cash-flow property to your portfolio!
#PAPH2545958

PHILADELPHIA

1950 N 19TH STREET

None Beds

None Baths

4,500 Sq.Ft.

$750,000

MLS#: PAPH2545958

Prime Opportunity in Historic Germantown – Zoned CMX-2.5 for Versatile Mixed-Use! 5-car parking lot. Across the street from beautiful Market Square Park. Elevate your portfolio with this standout property on iconic Germantown Avenue, a bustling corridor in one of Philadelphia's most revitalized historic districts. Zoned CMX 2.5, this versatile space supports a wide array of uses, including rentals, professional offices, retail, residential or additional office suites, or multiple other uses. Germantown's vibrant community and shopping corridor, with its rich history, Quaker heritage, Underground Railroad landmarks, and proximity to Mt. Airy, Chestnut Hill, Manayunk, Roxborough, Fairmount Park and more, draws residents and the public seeking a walkable, culturally rich environment. A direct commute -- 6 miles -- to downtown Philadelphia. Enjoy seamless SEPTA public transportation, Regional Rail access and easy I-76 and Lincoln and Kelly Drive connectivity. #### Key Property Features: - **Flexible Layout for Build-Out:** Expansive floor plan across two levels, with high ceilings, abundant natural light from large windows, and a finished lower level & third floor for storage, shared common space or living space. Current configuration includes flexible room nooks and a reception area, primed for custom partitioning to suit modern needs (currently set up for 10-12 rooms plus open common collaborative spaces). - **Prime Street-Level Presence:** Wide frontage on Germantown Avenue ensures high visibility and foot traffic from nearby cafes, shops, and community hubs. Build to the lot line per CMX-2.5 standards for maximum retail/office synergy. - **Outdoor 5-Car Parking (fits up to 5 vehicles), plus abundant street parking. - Currently rents to 1 long-term tenant (dental office). #### Zoning & Development Advantages (CMX-2.5): Under Philadelphia's Zoning Code, CMX-2.5 is designed for active neighborhood commercial corridors like Germantown Avenue, promoting pedestrian-friendly mixed-use developments. Key allowances include: - **Commercial Uses:** Offices, retail, personal services, and restaurants by right – no special approvals needed for standard office operations. - **Residential Integration:** Dwelling units to enabling live-work setups or rental income. #### Location & Market Perks: - **Walkable Germantown Hub:** Steps from Chelten Avenue Station (SEPTA), trendy businesses, and cultural sites like the Cliveden Estate. Attract renters with proximity to Germantown Friends School and Wissahickon Charter, and other educational institutions such as Drexel University College of Medicine, Thomas Jefferson University - East Falls Campus (Philadelphia University), LaSalle University. - **Transit & Accessibility:** Quick commute to Center City; bike lanes and bus routes enhance eco-friendly appeal for modern tenants.
#PAPH2563446

PHILADELPHIA

5519 GERMANTOWN AVENUE

None Beds

None Baths

4,278 Sq.Ft.

$645,000

MLS#: PAPH2563446

Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property was built in 2019 and is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia, just a short walk from Temple University, Fishtown and Northern Liberties, ensuring consistent demand. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property includes a tax abatement and is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes one, two and three-bedroom layouts all with private outdoor space including a rear yard, rear deck or roof deck. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
#PAPH2460944

PHILADELPHIA

1802 N 5TH STREET

6 Beds

None Baths

3,051 Sq.Ft.

$750,000

MLS#: PAPH2460944

Welcome to 917 N 43rd Street, a newly built, turnkey triplex offering exceptional finishes, strong rental appeal, and a full 10-year tax abatement. This 2,550 sq ft property is ideal for both investors seeking reliable cash flow and owner-occupants looking to dramatically reduce monthly housing costs. Each unit is thoughtfully designed with high-quality flooring, large windows for abundant natural light, in-unit laundry, and modern stainless steel appliances. Kitchens feature shaker cabinetry, granite countertops, dishwashers, microwaves, and full-size refrigerators—everything today’s renters expect. Building Layout: •
#PAPH2560802

PHILADELPHIA

917 N 43RD STREET

5 Beds

None Baths

2,550 Sq.Ft.

$775,000

MLS#: PAPH2560802

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service