1315 N 6th St - Apartments FOR SALE


Philadelphia, PA 19122- North Philadelphia East
$839,000 USD
267-243-9415
1315 N 6th St, Philadelphia, PA for Sale
$839,000 USD
Apartments - FOR SALE
1/7
null | 7.99% Cap Rate

1315 N 6th St
Philadelphia, PA 19122
North Philadelphia East


HIGHLIGHTS

  • Transit-Friendly location
  • Large Units
  • Separately metered

OVERVIEW

An outstanding investment opportunity awaits at 1315 North 6th Street, a fully renovated and meticulously maintained triplex situated just off Girard Avenue in the rapidly growing Ludlow neighborhood. This newer construction multi-family property offers three spacious 2-bedroom, 2-bathroom units, each with modern finishes, outdoor space, and strong rental income—currently averaging $67,000 in gross annual revenue. Originally built in 2017, each unit features high-quality upgrades including granite countertops, stainless steel appliances, central air conditioning, in-unit washers and dryers, and gleaming hardwood flooring throughout. Clean, modern lines and a neutral design palette allow for broad tenant appeal. Unit 1 is a generously sized bi-level apartment currently rented at $2,000/month. This unit includes a bonus den, an additional flex room (ideal for office, closet, or gym), two full bathrooms, and a large private rear patio perfect for relaxing or entertaining. Unit 2 is a well-appointed single-level flat featuring an open-concept living area, two full bathrooms, and private rear balcony access. Unit 3 mirrors Unit 2 in layout with the exceptional addition of a spacious rooftop deck offering skyline views and excellent entertaining space. The property is ideally located within walking distance of Girard Avenue transit, acclaimed local establishments such as Taco Riendo and Mammoth Coffee, and essential retail like ACME and Wine & Spirits. Just minutes from Fishtown, Northern Liberties, and major transportation arteries including I-95, I-676, and multiple SEPTA lines, this address boasts a Walk Score of 87, reflecting the unbeatable convenience of this urban location. Whether you’re a seasoned investor seeking a cash-flowing asset or a buyer considering an owner-occupied opportunity, 1315 N 6th Street presents an ideal combination of modern amenities, rental stability, and long-term neighborhood upside. Schedule your private tour today and secure this prime Philadelphia investment.

FOR SALE DETAILS

PRICE

$839,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

3

PRICE/UNIT

$279,667

CAP RATE

7.99%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6th Street Triplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,503 SF

ZONING

RM1

APN/PARCEL ID

182294300

ASK ABOUT THIS PROPERTY

Joseph FonashCOMPASSMore Info
267-243-9415

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Joseph FonashCOMPASSMore Info
267-243-9415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.