PA > Philadelphia
Philadelphia, PA 19119,109-15 CARPENTER LN
Philadelphia, PA 19119,109-15 CARPENTER LN
Philadelphia, PA 19119,109-15 CARPENTER LN
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Springer Realty Group

Springer Realty Group

+1(484) 498-4000
Listed by Ryan J McManus • Keller Williams Liberty Place
$1,999,999
Est. payment /mo
6,428 SqFt
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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,428 sqft

Price per Sqft $311

MLS Listing ID PAPH2552886

Style Traditional

Abv Grd Liv Area 6,428

Year Built 1884

Available Date 2025-11-05

Annual Tax Amount $3,463

Tax Year 2025

Lot Size 0.457 Acres

Acres 0.46

Lot Dimensions 100.00 x 200.00

Property Sub-Type Detached

Source BRIGHT

Property Description

109 Carpenter Lane is a turnkey multifamily property located in the coveted West Mount Airy submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA — now available as a turnkey real estate investment opportunity for qualified investors. With eight (8) units rented below market coupled with a private parking area for residents, sited on a generously proportioned, suburban-style ±20K SF parcel, 109 Carpenter Lane presents an immediate cash-flowing asset with nearly a half-acre of land in a transit-oriented, amenity-rich neighborhood in Northwest Philly known for its bucolic feel, local parks, and laid-back lifestyle. The apartments are outfitted with hardwood floors, shaker cabinetry, stainless steel appliances, recessed lighting and high ceilings. A diverse unit mixture in the apartment building includes studio, 1bd and 2bd apartments, ensuring that this apartment remains in high demand within the sought-after rental marketplace. Originally constructed in 1929 and fully renovated in 2015, the multifamily property carries a 10 year tax abatement through 2027. Emanating with original detail and charm, 109 Carpenter Lane boasts stained-glass windows, early-century masonry, expert carpentry/millwork and more — while still offering contemporary kitchens and bathrooms built to today's expectational standards. A combination of central air and mini splits ensure thermal comfort year-round. Minimal OPEX. Rental upside via parking income, storage income, utility rubs — producing a juicy cap rate. Enquire within for financials and floorplans for this NWPHL gem of a property.

Location

State PA

County Philadelphia

Area 19119 (19119)

Zoning RSA3

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Central, Wall Unit

Cooling Central A/C, Ductless/Mini-Split

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Accessibility None

Total Parking Spaces 8

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 6428

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881210110

Ownership Fee Simple

SqFt Source 6428

Special Listing Condition Standard

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Bright MLS (BMLS)

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Springer Realty Group

Springer Realty Group

+1(484) 498-4000

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