2501 Carpenter St, Philadelphia, PA 19146
Local realty services provided by:ERA Valley Realty
2501 Carpenter St,Philadelphia, PA 19146
$600,000
- 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:$600,000
- Price per sq. ft.:$380.71
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: Vacant one-bedroom previously rented 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 income while elevating the remaining residential unit to drive NOI growth and long-term equity.
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Home facts
- Year built:1915
- Listing ID #:PAPH2563270
- Added:6 day(s) ago
- Updated:December 04, 2025 at 10:41 PM
Rooms and interior
- Bedrooms:2
- 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
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$600,000
- Price per sq. ft.:$380.71
- Tax amount:$8,779 (2025)
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