Property Description

Welcome to 1229 S 6th Street — a thoughtfully positioned mixed-use investment opportunity in the heart of Passyunk Square. This corner property features three fully leased 1-bedroom/1-bath apartments above a ground-floor commercial space, offering a blend of stable in-place income and long-term upside. Currently generating $5,150/month, the property delivers a 6.7% cap rate with low operating expenses and clear opportunity for future growth. The commercial space is positioned for a bakery + coffee shop, bringing added foot traffic, neighborhood appeal, and long-term rental potential. Each residential unit is well maintained with strong rental history, while the CMX-2 zoning provides flexibility for continued mixed-use operation or future repositioning. Located just steps from East Passyunk Avenue’s top restaurants, cafés, and boutiques, this is a turnkey asset in one of Philadelphia’s most desirable corridors. Whether you’re an investor seeking consistent cash flow with upside, or an owner-occupant looking to integrate business and residential income, 1229 S 6th Street offers a compelling opportunity at a newly adjusted price.

Property Features

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