2501 Carpenter St, Philadelphia, PA 19146

Philadelphia
Local realty services provided by:Mountain Realty ERA Powered
2501 Carpenter St,Philadelphia, PA 19146
$590,000
  • 2 Beds
  • - Baths
  • 1,576 sq. ft.
  • Multi-family
  • Active
Listed by: mike goldstein
Office: hubkey real estate
MLS#:PAPH2563270
Source:BRIGHTMLS

Price summary

  • Price:$590,000
  • Price per sq. ft.:$374.37

About this home

Prime corner mixed-use property offering both stable income and clear value-add upside in one of Philadelphia’s most desirable neighborhoods. The building consists of three separately metered units: a renovated commercial space and two residential apartments. Unit 1F – Commercial: Updated corner storefront currently leased for $1,250/month, delivering steady cash flow from day one. Unit 1R – Residential: Recently rented one-bedroom at $1,050/month, presenting a turnkey opportunity for cosmetic upgrades or repositioning to boost returns. Unit 2 – Residential: Renovated two-bedroom apartment leased at $2,180/month, featuring Hazelwood cabinetry, tile flooring, a modern bathroom, and in-unit laundry. Located just one block from Naval Square and minutes from the South Street Bridge, CHOP, UPenn, and Rittenhouse Square, the property is positioned within a 95 Walk Score corridor known for strong rental demand and continued appreciation. An ideal value-add investment: generate immediate...

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2563270
  • Added:177 day(s) ago
  • Updated:May 25, 2026 at 01:31 PM

Rooms and interior

  • Bedrooms:2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,576 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Baseboard - Electric, Forced Air, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:1,576 sq. ft.
  • Lot area:0.02 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$590,000
  • Price per sq. ft.:$374.37
  • Tax amount:$8,779 (2025)

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