





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.
Location
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Listing information provided courtesy of the Bright MLS. IDX 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. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th April, 2026 11:46 PM (UTC)
Listing Agent: Amira Coleman
Listing Office: Compass Pennsylvania, LLC
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