1637 Carpenter St, Philadelphia, PA 19146

Property Description

Combining exceptional craftsmanship, thoughtful design, and strong rental performance, this Graduate Hospital triplex presents a rare opportunity to acquire a high quality asset in one of Philadelphia's most desirable neighborhoods. Comprised of three fully occupied residences, the building showcases a level of finish rarely found in multifamily housing. Custom built cabinetry, Porcelanosa tile, glass transoms that brighten the living spaces, in unit laundry, and generous storage contribute to the thoughtfully designed interiors. Private outdoor spaces, a shared roof deck with Center City skyline views, and well designed floor plans further enhance the appeal of each residence. The property includes two bi level 2 bedroom, 2 bath apartments and one 2 bedroom, 1 bath apartment, each offering its own unique layout while maintaining a cohesive design throughout. Long term tenants have taken pride in their homes, contributing to the building's outstanding condition, stable occupancy, and strong rental history. Adding to its appeal, the shared roof deck underwent a complete renovation in late 2025. Ideally located in the heart of Graduate Hospital, Carpenter Green Park, Giant, Target, Sprouts, PetSmart and neighborhood dining are all within easy reach, while excellent proximity to Penn, Drexel, HUP, and CHOP supports strong and consistent rental demand. With a proven track record of low vacancy, future rental growth potential, and quality finishes that continue to attract and retain tenants, this is a compelling opportunity for investors seeking a well maintained, income producing property or an owner occupant looking to offset expenses with rental income.