2501 Carpenter Street Philadelphia, PA 19146

$600,000
0.02
Acres
1,576
SQFT
381
$/SQFT
$600,000
1,576   sf
$381 / sf
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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.

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.

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19146
  • Tax Amount
    $8,779
  • Status
    Active
  • Listing #
    PAPH2563270
  • Built
    1915
  • Lot Size
    0.02
  • Listed on site
    7 days
  • Listing Agent Id
    121136292247

Listed by:
HubKey Real Estate

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Heat Electric

Style

  • Two Story
  • Contemporary
  • End Unit
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