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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.

Source: BRIGHT MLS, MLS#: PAPH2630414

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  • Property Type
    Residential Income
  • Lot
    0.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1637 CARPENTER STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: BRIGHT MLS Added to Database
June 09, 2026
Listing provided courtesy of KW Empower- MLS# PAPH2630414MLS ProviderContact Information: [email protected] - 2156273500