Legal Triplex on Corner
6160 CHARLES Street Philadelphia, PA 19135
6160 CHARLES Street, Philadelphia, PA, 19135
$375,000
For Sale
$375,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size1,744 SF
Lot Size0.06 Acres
Price / SF$215.02
Days on Market17
Property Features for 6160 CHARLES Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Offsite
- Standard status
- Active
- Size
- 1,744 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3554
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1945
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed by
Emilio john DiCicco · License #RS358289
(215) 669-4347
Added: Jul 7 Updated: Jul 9 at 11:11AM Checked: Jul 23 at 4:06AM
MLS# PAPH2642266
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.
6160 Charles Street is a legal triplex in Philadelphia that presents as well-maintained and pride-of-ownership throughout. The property includes three separate units, and each unit has its own private washer and dryer. The exterior and major systems have seen significant updates, including a new flat roof installed in 2021 and three separate hot water heaters replaced in 2021, 2024, and 2026. Additional work includes replacement windows, window repairs, and updated second-floor and ground-floor units.
The triplex is situated on a desirable corner lot with an end-of-row configuration, providing an oversized front yard setback, additional side yard, and mature evergreen landscaping. The address offers convenient access to major highways and the bridges to New Jersey, supporting practical day-to-day connectivity.
For investors or owner-operators, the property is currently fully occupied and income-producing, with tenants already in place. All current leases expire on March 1, 2027, giving the next owner a defined horizon for lease rollover and planning. With a recent track record of capital improvements and in-unit laundry, the building is positioned to appeal to tenants who value convenience and a maintained living environment.
The triplex is situated on a desirable corner lot with an end-of-row configuration, providing an oversized front yard setback, additional side yard, and mature evergreen landscaping. The address offers convenient access to major highways and the bridges to New Jersey, supporting practical day-to-day connectivity.
For investors or owner-operators, the property is currently fully occupied and income-producing, with tenants already in place. All current leases expire on March 1, 2027, giving the next owner a defined horizon for lease rollover and planning. With a recent track record of capital improvements and in-unit laundry, the building is positioned to appeal to tenants who value convenience and a maintained living environment.
Key Highlights
- Legal triplex on a corner lot in Philadelphia, PA 19135, fully occupied and income‑producing
- Each of the 3 units includes its own private washer and dryer
- Hot water heating: three separate hot water heaters replaced in 2021, 2024, and 2026
Local 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 | $45.0k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $42.5k | $24.38 |
| − OpEx | −$12.8k | −$7.31 |
| NOI | $29.8k | $17.06 |
1,744 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$425.2K
$372.0K – $496.0K
NOI $29,761 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$391.9K
$342.9K – $457.2K
NOI $27,432 @ 7.0% cap · market cap 7.32%
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
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained, fully rented triplex with private in-unit washers and dryers and recent roof and water-heater replacements.
Where is this triplex located?
The property is located at 6160 CHARLES Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Legal triplex on a corner lot in Philadelphia, PA 19135, fully occupied and income‑producing; Each of the 3 units includes its own private washer and dryer; Hot water heating: three separate hot water heaters replaced in 2021, 2024, and 2026
