2501 CARPENTER ST Philadelphia, PA 19146 Active

UPDATED: 02/25/2026 10:19 AM ON MARKET: 127 days on market

$600,000

1,576 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,576 sqft

Price per Sqft $380

MLS Listing ID PAPH2563270

Style Contemporary

Abv Grd Liv Area 1,576

Year Built 1915

Annual Tax Amount $8,779

Tax Year 2025

Lot Size 1,050 Sqft

Acres 0.02

Lot Dimensions 18.00 x 60.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

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 income while elevating the remaining residential unit to drive NOI growth and long-term equity.