Three-Residence Income
768 S 6th Street Philadelphia, PA 19147
For Sale
$1,075,000
Three residences on one deed with a front home and two separate trinities, plus private outdoor space and storage.
Property Size3,360 SF
Price / SF$319.94
Days on Market72
Property Features for 768 S 6th Street
General Information
- Standard status
- Active
- Size
- 3,360 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1915
Listing Agency:
BHHS Fox & Roach-Center City Walnut
(215) 266-1537
Listed By:
Patrick M Conway · License #RS217990L
Source:
Deepcreeklake
Added: May 13
Changed: Jul 20
Last Checked: Jul 23 at 9:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Center City Walnut
Investment Insights
Based on property information with market context.
This property at 768 S 6th Street is a one-deed three-residence configuration with a front home and two separate trinities. Unit 1 is an extra-wide three-bedroom home with a den and one bathroom, with multiple front windows providing natural light. The layout includes two entrances and two kitchens, creating flexible possibilities. Units 2 and 3 are housed as individual three-story trinities off a private side breezeway, each with hardwood floors. Unit 2 offers one bedroom plus a den and one bath. Unit 3 includes two bedrooms, one bath, and straight stairs, along with side windows for additional light and a rear deck potential. The property also includes a private outdoor area and a separate storage room.
Located on the Queen Village / Bella Vista border in Philadelphia, the home is surrounded by neighborhood dining and shopping. The property is being sold in as-is condition and will require updating.
Offered as an income property or as a redevelopment option for an end-user, this is a distinctive setup designed to support multiple living arrangements on one lot.
Located on the Queen Village / Bella Vista border in Philadelphia, the home is surrounded by neighborhood dining and shopping. The property is being sold in as-is condition and will require updating.
Offered as an income property or as a redevelopment option for an end-user, this is a distinctive setup designed to support multiple living arrangements on one lot.
Key Highlights
- One‑of‑a‑kind 3‑residence property on one deed: front home plus two separate trinities (Units 1–3).
- Front Home (Unit 1): extra‑wide 3‑bedroom plus den, 1 bath, with two entrances and two kitchens.
- Unit 2 (trinity): classic three‑story layout with 1 bedroom plus den, 1 bath, and hardwood floors.
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 | $86.7k | $25.80 |
| − Vacancy | −$4.8k | −$1.42 |
| EGI | $81.9k | $24.38 |
| − OpEx | −$24.6k | −$7.31 |
| NOI | $57.3k | $17.06 |
3,360 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K
NOI $57,338 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$755.0K
$660.6K – $880.9K
NOI $52,851 @ 7.0% cap · market cap 4.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three residences on one deed with a front home and two separate trinities, plus private outdoor space and storage.
Where is this triplex located?
The property is located at 768 S 6th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: One‑of‑a‑kind 3‑residence property on one deed: front home plus two separate trinities (Units 1–3).; Front Home (Unit 1): extra‑wide 3‑bedroom plus den, 1 bath, with two entrances and two kitchens.; Unit 2 (trinity): classic three‑story layout with 1 bedroom plus den, 1 bath, and hardwood floors.
