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.
Listed by Mike Goldstein
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HubKey Real Estate
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2156001732
Last updated December 08, 2025
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Source: BrightMLS #PAPH2563270
Listing Facts
TypeMulti-family
NeighborhoodGraduate Hospital
Days on Prevu13
Taxes$8,779/year
Size1,576 sqft
Price per sqft$381
Location
Mortgage Calculator
Listing History
11/28/2025
Listed by HubKey Real Estate
$600,000
Property Details for 2501 Carpenter Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Stories Total: 2
Year Built: 1915
Architectural Style: Contemporary
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.02
Lot Size Dimensions: 18
Lot Size Source: Assessor
Lot Size Square Feet: 1,050
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $8,779.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 1,576
Living Area Source: Assessor
Rooms
Basement: Unfinished
Has Basement: Yes
Other
Location
Tax Lot: 76
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air, Baseboard - Electric
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2501 Carpenter Street.
What are the annual taxes for 2501 Carpenter Street?
Annual taxes for this multi-family home are estimated at $8,779.
How does 2501 Carpenter Street compare to other multi-family homes in Graduate Hospital?
This multi-family home is listed 37% below the average price for multi-family homes in Graduate Hospital and has been on the market for 63 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,576 sqft.
2501 Carpenter Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19146. Available on Prevu for 13 days at $600,000. This residence features 1,576 square feet of living space, located in Graduate Hospital. The median listing price for multi-family homes in this area is $710,000. Explore more multi-family home listings in Philadelphia.
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