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915 N 6th St

Location:

Situated in the vibrant Northern Liberties neighborhood, this property offers the ultimate blend of convenience, culture, and community. Steps away, you’ll find an array of restaurants, charming cafes, and boutique shops, while popular destinations like The Piazza and Liberty Lands Park provide opportunities to relax, enjoy live events, or connect with neighbors. Entertainment options abound with venues like North Bowl and Johnny Brenda’s offering a mix of activities and live music.

The area is rich in cultural and artistic experiences, featuring local galleries, creative spaces along N3RD Street, and nearby landmarks that add a unique character to the community. Residents enjoy excellent access to public transportation via SEPTA’s Market–Frankford Line and bike-friendly streets, making commuting seamless. Known for its strong community spirit, Northern Liberties hosts farmers markets, festivals, and year-round events that bring people together. This neighborhood offers a dynamic lifestyle for residents and investors alike.

Building Details:

This massive single-family home was built in 1920 and spans nearly 2,300 square feet, offering a rare 6-bedroom layout on an impressive 89-foot-deep lot with a 19-foot frontage. The backyard is nearly as long as the house itself, providing a significant outdoor space that’s rare in the area. The property features hardwood floors throughout and is competitively priced compared to other newly renovated/new construction 2-4 bedroom homes in the neighborhood, which have sold for $600,000–$800,000+.

With its spacious layout and unique characteristics, this home is a prime opportunity for its new owner to reimagine and modernize. Its size and configuration make it ideal for large families—a rarity in Northern Liberties, where 5-6 bedroom properties are scarce.

Gallery:

Financial summary:

 

Income: $34,200/year (lease ends July 31, 2025)

Expenses: $10,068/year

 

Gross Rent Multiplier (GRM): 13.89

 

Capitalization Rate (CAP): 5.08%

Highlights

 

This property offers versatility for its new owner, catering to multiple strategies. Perfect for owner-occupant who needs a large house for a reasonable price.

  1. Owner occupied. One of the few and affordable 6 bedroom houses in the area for that price.

  2. Passive Income: Maintain long-term tenants for steady cash flow. With the demand for larger homes in the area, tenants are likely to stay for years, providing reliable income. This property after renovations can bring $3600-$4200/month. 

  3. Redevelopment Potential: Leverage the large lot size to redevelop or expand the property as values in the neighborhood continue to rise.

  4. Renovation Opportunity: Retain the home’s charming hardwood floors while adding modern features to enhance its appeal, creating a stunning residence or valuable rental property.

  5. Investment Flexibility: Whether you choose to flip, hold, or redevelop, this property provides the foundation for a high-return investment.

This home’s size, location, and potential make it a standout opportunity in Northern Liberties. What path will you take with this rare gem?

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