open: Sat 1-2:30pm (6/6)
Newtownhouse
1/24
$4,932/mo
$750,0003bd·3ba·2,078sf
1507 N Palethorp St, Philadelphia, PA 19122
Listing Courtesy of Compass Pennsylvania, LLC
for sale
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$729,900
0beds
|0baths
|2,864sqft
|1915built
1229 S 6th St,Philadelphia, PA 19147
Est.$4,799/moCustomize payment
What's special
$255/sqft
Price per square foot
Built in 1915
111 years old
Overview
A rare opportunity to acquire a mixed-use asset in a prime location, combining immediate returns with future value creation. 6.7% cap rate with potential to exceed 8% through rent growth and value-add improvements. An exceptional mixed-use investment opportunity in the heart of Passyunk Square, offering stable in-place income with clear long-term upside. This corner property features a ground-floor commercial space positioned for a coffee concept, complemented by 3 fully leased 1-bedroom apartments above. With strong neighborhood foot traffic and proximity to East Passyunk Avenue, the asset be...
Listing updated: May 18, 2026 at 10:00 AM
Listed by:
Amira Coleman 267-334-0686, Compass Pennsylvania, LLC
Source: Bright MLS · MLS #PAPH2589954
Property details
Cost estimate
Est. monthly payment
$4,652/mo
Principal & interest
$3,826Property tax
$583Home insurance (est.)
$243Down payment
$145,98020% of list price
Adjust down payment20%
0%25%50%
Based on 20% down ($145,980), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
Price history
| Date | Event | Price |
|---|---|---|
| Apr 22, 2026 | Price reduced | $729,900(−$15,100) |
| Mar 4, 2026 | Listed for sale | $745,000 |
Location
1229 S 6th St, Philadelphia, PA 19147
Recently sold nearby
Similar homes sold within 0.5 miles in the last 90 days.
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
