101 Carpenter Lane Philadelphia, PA $ 2,000,000
101 Carpenter Lane
$ 2,000,000
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101 Carpenter Lane

Philadelphia, PA, 19119
$ 2,000,000
Bedrooms-- Baths-- Sq 14,408

Monthly Estimate*

$ 12,477

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Commercial Property for sale in Philadelphia, PA

for $2,000,000. This 14,408 square foot building was built in 1925.

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 propertys 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 buildings 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 buildings 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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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 10,803

Style

Apartment Building

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2544092

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
Total Restrooms 16
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General
Sewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Possession 0-30 Days CD
Zoning SPPOA
Construction Materials Masonry
Exclusions Washer & dryers are coin operated contract through Caleco
Year Built 1925
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Gross Income 148572.00
Business Type Apartment Building
Accessibility Elevator
County PHILADELPHIA
Net Operating Income 107129.00
Insurance Expense 10543.00
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building
Water Access Y/N N
Status ACTIVE
Directions Germantown Avenue to Carpenter Lane.
City PHILADELPHIA
Number Of Units Total 1
MLS Area 19119 (19119)
Lot Size Units Square Feet
Lot Size Square Feet 871200000.00
Tax Annual Amount 10803.0
Price Per Sq Ft Total AG 138.81
Acceptable Financing Cash Private
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
Tax Lot 8043
Total Actual Rent 148572.00
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Private Garage Off Site
Water View Y/N N
Building Area Total 14408.00
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 231540.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Gardner Realty Llc

Broker

gardner.realty@comcast.net

Email

Affordability Calculator

$13,378
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$900
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$2,000,000 Listed Price

Map


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101 Carpenter Lane, Philadelphia, PA, 19119 is a Commercial Property for sale at $2,000,000 with 14,408 sqft. 101 Carpenter Lane was built in 1925. The property's zip code is 19119 which is in Philadelphia, PA