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2501 Carpenter St
For Sale $600,000
$600,000
- 3 Units
- Unknown Sq Ft
- 1,050 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $600,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 302226900 |
| MLS # | PAPH2546878 |
| Property ID | 294712939 |
| Lot Sqft | 1,050 |
| Zoning | CMX1 |
| Total Units | 3 |
| Days on Market | 52 |
| Original List Price | Unknown |
| Date Updated | December 08, 2025 |
| Date Created | November 03, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $52,560 | $0 |
Listing Provided By
Mike Goldstein an agent of .
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Data last updated: December 25, 2025.
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Robert Crawford
REAL ESTATE AGENT