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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2501 CARPENTER Street in PHILADELPHIA, PA is listed for $600,000 ($381 per sqft). Built in 1915, the home offers 1,576 sqft of living space on a 0.02 acres lot.
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.
Key Features
- Built in 1915
- 0.02 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,209/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2501 CARPENTER Street
PHILADELPHIA, PA 19146
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2501 CARPENTER Street is listed at $600,000 ($381/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.02 acre lot.
This property is listed by Mike Goldstein and can be reached at 2156001732 or mike@hubkey.co.