$ 1,999,999
-
$1,999,999
Price -
14
Bed - Bath
-
6,428
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing KWRLTYLP1 - 3197472,3308887
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.
Listing Highlights for 109 Carpenter Ln
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
PAPH2552886
Year Built
1884
Total Square Footage
6,428
Lot/Acreage
0.46
Interior Details
- Bedrooms: 14
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C,Ductless/Mini-Split
- Heating: Central,Wall Unit
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 6428
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 100.00 x 200.00
- Zoning: RSA3
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Crushed Stone,Driveway,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,463
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
109 Carpenter Ln Philadelphia, PA 19119
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
