Three-Story Mixed-Use
6009 MARKET Street Philadelphia, PA 19139
For Sale
$450,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,427 SF
Lot Size0.03 Acres
Price / SF$185.41
Days on Market139
Property Features for 6009 MARKET Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room, Basement
- Parking features
- On Street
- Interior features
- 2nd Kitchen, Bathroom - Walk-In Shower, Combination Dining/Living, Floor Plan - Open, Intercom, Kitchen - Galley, Recessed Lighting
- Appliances
- Cooktop, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, WaterHeater
- Standard status
- Active
- Size
- 2,427 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2200
Utilities
- Cooling system
- Ductless
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing Agency:
Keller Williams Main Line
(610) 520-0100
Listed By:
Nafisa Bunch · License #RS330255
(267) 784-0037
Added: Mar 6
Changed: Jul 9
Last Checked: Jul 23 at 5:06PM
MLS# PAPH2589368
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Newly renovated and never occupied, this three-story mixed-use property includes a ground-level commercial space and two residential units on the second and third floors, each designed as a one-bedroom apartment. Both apartments include in-unit stackable washer and dryer connections and individual security systems. For ownership and operating simplicity, water and electric service are separately metered. The building is presented with brand-new systems and modern finishes, supporting a turnkey setup for either an owner-occupant or a buy-and-hold investor.
Located in West Philadelphia at 6009 Market Street, the property is described as easily accessible by SEPTA for convenient travel to Center City and surrounding suburbs. Additional information notes it is also listed under MLS #PAPH2589364.
The layout supports combined commercial and residential use within a single building, with separate utilities and tenant-specific in-unit amenities in the apartments.
Located in West Philadelphia at 6009 Market Street, the property is described as easily accessible by SEPTA for convenient travel to Center City and surrounding suburbs. Additional information notes it is also listed under MLS #PAPH2589364.
The layout supports combined commercial and residential use within a single building, with separate utilities and tenant-specific in-unit amenities in the apartments.
Key Highlights
- Three‑story mixed‑use property with ground‑level commercial space plus two separate 1‑bedroom apartment units on the 2nd and 3rd floors
- Newly renovated and never occupied (year built 1915) with modern interior features including open floor plan, recessed lighting, and intercom
- Each residential unit includes its own security system and in‑unit stackable washer/dryer
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.6k | $25.80 |
| − Vacancy | −$3.5k | −$1.42 |
| EGI | $59.2k | $24.38 |
| − OpEx | −$17.7k | −$7.31 |
| NOI | $41.4k | $17.06 |
2,427 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.7K
$517.7K – $690.3K
NOI $41,416 @ 7.0% cap · market cap 9.20%
Second Best
Apartment 5plus
$545.4K
$477.2K – $636.3K
NOI $38,176 @ 7.0% cap · market cap 8.48%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Deed Doctor
Real Estate Agency
FAQs
What type of property is this?
Mixed-use property - Newly renovated three-story property offers ground-floor commercial space and two one-bedroom apartments with in-unit laundry.
Where is this mixed-use property located?
The property is located at 6009 MARKET Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑story mixed‑use property with ground‑level commercial space plus two separate 1‑bedroom apartment units on the 2nd and 3rd floors; Newly renovated and never occupied (year built 1915) with modern interior features including open floor plan, recessed lighting, and intercom; Each residential unit includes its own security system and in‑unit stackable washer/dryer
