Investments Sales Management

Dwelling with Rental

1505 CARPENTER STREET

PHILADELPHIA, PA 19146

MLS#: PAPH2656112

$799,000

Status: Active
Listing number: PAPH2656112
Listing provided by: JMG Pennsylvania
Listing agent phone: None
Last update: 15 days ago
On site: 16 days ago
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Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

2,261

1505 Carpenter St offers a rare opportunity to renovate and reposition a 5-unit grandfathered property in one of South Philadelphia’s most active growth corridors. This property sits near Graduate Hospital / Point Breeze, an area that continues to see steady reinvestment, new construction, updated row homes, neighborhood retail, and ongoing corridor improvements that support strong long-term demand. Everyday convenience is a major plus here, with nearby shopping and dining options including GIANT, Trader Joe’s, ALDI, Sprouts Farmers Market, and local neighborhood markets like Breezy’s Deli & Market. Residents also enjoy access to popular nearby restaurants and cafes such as Rex 1516, Pub & Kitchen, SouthGate, Tio Flores, On Point Bistro, and Café Ynez, along with many other options throughout Graduate Hospital, Point Breeze, and nearby Center City. For an investor, the value-add potential is clear. For an owner-occupant, the chance to live in one unit while renting the others can create both flexibility and income. Buyer and buyer’s agent should perform their own due diligence to confirm current zoning, legal use, permitted unit count, and all intended plans for renovation or occupancy with the City of Philadelphia, L&I, and any other applicable agencies. Listing broker makes no representations regarding zoning, code compliance, or future approvals.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2261.0

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,337

  • Property Type

    Residential Income

  • Property Sub Type

    Townhouse

  • Architectural Style

    Dwelling with Rental

Price

  • Sales Price

    $799,000

  • Tax Amount

    $10,841

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    2,261

  • Price/SqFt

    $353

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Tax Lot

    1013

  • Water Source

    Public

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Listing Courtesy of David T Brown , JMG Pennsylvania

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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1505 Carpenter St offers a rare opportunity to renovate and reposition a 5-unit grandfathered property in one of South Philadelphia’s most active growth corridors. This property sits near Graduate Hospital / Point Breeze, an area that continues to see steady reinvestment, new construction, updated row homes, neighborhood retail, and ongoing corridor improvements that support strong long-term demand. Everyday convenience is a major plus here, with nearby shopping and dining options including GIANT, Trader Joe’s, ALDI, Sprouts Farmers Market, and local neighborhood markets like Breezy’s Deli & Market. Residents also enjoy access to popular nearby restaurants and cafes such as Rex 1516, Pub & Kitchen, SouthGate, Tio Flores, On Point Bistro, and Café Ynez, along with many other options throughout Graduate Hospital, Point Breeze, and nearby Center City. For an investor, the value-add potential is clear. For an owner-occupant, the chance to live in one unit while renting the others can create both flexibility and income. Buyer and buyer’s agent should perform their own due diligence to confirm current zoning, legal use, permitted unit count, and all intended plans for renovation or occupancy with the City of Philadelphia, L&I, and any other applicable agencies. Listing broker makes no representations regarding zoning, code compliance, or future approvals.

1505 CARPENTER STREET

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