2501 Carpenter St

Highlights:

• Days on Market: 4
• Heating: Forced Air, Baseboard - Electric

Description:

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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Listing ID: 804234623192