2501 Carpenter St, Philadelphia, PA 19146

Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
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 property offering income and upside in one of Philadelphia’s most desirable submarkets. The building features three units — a renovated commercial space and two residential apartments — all separately metered. Unit 1F (Commercial): Recently updated corner storefront, currently leased at $1,250/month, ideal for steady cash flow. Unit 2 (Residential): Renovated one-bedroom apartment rented at $2,080/month, featuring Hazelwood cabinetry, tile flooring, modern bath, and in-unit laundry. Unit 1R (Residential): Vacant one-bedroom with past rent of $1,300/month — ready for cosmetic upgrades or repositioning to maximize returns. Located just one block from Naval Square and minutes from South Street Bridge, CHOP, UPenn, and Rittenhouse Square, this property sits in a 95 Walk Score corridor with consistent rental demand and strong appreciation trends. A solid value-add opportunity: collect income while improving the remaining unit to boost NOI and long-term equity.

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Home facts

  • Year built:1915
  • Listing ID #:PAPH2563270
  • Added:1 day(s) ago
  • Updated:November 29, 2025 at 11:11 AM

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)