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101 Carpenter Ln

$2,000,000

101 Carpenter Ln, Philadelphia, PA 19119

Active
Last Updated: 10/06/2025

107,129

NOI

14,408 sqft

Building Size

Details:
NOI:    $107,129
Building Size:    14,408 sqft
Year Built:    1925
Price Per Sqft:    $138.81
Zoning:    SPPOA
Highlights:
  • Days on Market: 5
  • Heating: Hot Water
Description:

This charming low-rise building features eight spacious three-bedroom, two-bathroom apartments, each thoughtfully designed to maximize comfort and functionality. The units boast original flooring and doors, preserving the property’s classic architectural charm, while elegant fireplaces create a welcoming atmosphere in every home. Abundant natural light pours through large windows and private balconies, offering residents bright, airy living spaces and scenic views. The building includes a convenient elevator, dedicated storage areas, and garages, as well as ample on-street parking for guests and residents alike.

Encompassing a total of 14,408 square feet on a generous 20,000-square-foot lot, the property offers significant potential for redevelopment or future expansion. The well-proportioned lot makes it an excellent opportunity for investors or developers seeking to maximize annual returns. While the building’s inherent character and architectural details shine through, it does require some TLC to reach its full potential, making it ideal for those looking to add value through thoughtful upgrades and modernization.

The building’s prime location places residents close to reputable schools and prominent universities, ensuring both convenience and a vibrant community atmosphere. Public transportation and rail lines are less than a mile away, making commuting simple and efficient. Residents will also enjoy the ease of walking to nearby eateries, shopping destinations, and beautifully maintained parks, all of which enhance the appeal and livability of this outstanding property.

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