Welcome to 6160 Charles Street, Philadelphia, PA 19135! This well-maintained, legal triplex presents an outstanding investment opportunity for both seasoned and first-time investors. Ideally located with convenient access to major highways and the bridges to New Jersey, this fully occupied, income-producing property offers immediate cash flow and long-term value.
Pride of ownership is evident throughout this property, as it has been meticulously maintained over the owner's 22 years of ownership. Major capital improvements include three separate hot water heaters replaced in 2021, 2024, and 2026, a new flat roof installed in 2021, replacement windows and additional window repairs, plus updated second-floor and ground-floor units.
Each of the three units features its own private washer and dryer, providing added convenience for tenants and increasing rental appeal. The property is fully rented with excellent long-term tenants who have established a strong rental history. All current leases expire on March 1, 2027, giving the next owner the flexibility to renew tenants at market rates or make future adjustments without being locked into the current owner's lease terms.
Situated on a desirable corner lot, this end-of-row triplex offers an oversized front yard setback, additional side yard, and mature evergreen landscaping that provides both privacy and curb appeal.
Whether you're looking to expand your investment portfolio or secure a turnkey, income-producing asset in a convenient Northeast Philadelphia location, 6160 Charles Street is an opportunity you won't want to miss. Schedule your private showing today!