$ 600,000
-
$600,000
Price -
2
Bed -
0
Bath -
1,576
SqFt
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About the Listing HKPM1 - 3183066
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.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
PAPH2563270
Year Built
1915
Total Square Footage
1,576
Lot/Acreage
0.02
Interior Details
- Bedrooms: 2
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air,Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1576
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 18.00 x 60.00
- Zoning: CMX1
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,779
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2501 Carpenter St Philadelphia, PA 19146
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