2501 Carpenter St, PHILADELPHIA, PA

About 2501 Carpenter St

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 Map