109-15 Carpenter Ln, Philadelphia, PA 19119
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
109-15 Carpenter Ln,Philadelphia, PA 19119
$1,999,999
- 14 Beds
- - Baths
- 6,428 sq. ft.
- Multi-family
- Active
Listed by:ryan j mcmanus
Office:keller williams liberty place
MLS#:PAPH2552886
Source:BRIGHTMLS
Price summary
- Price:$1,999,999
- Price per sq. ft.:$311.14
About this home
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.
Contact an agent
Home facts
- Year built:1884
- Listing ID #:PAPH2552886
- Added:2 day(s) ago
- Updated:November 01, 2025 at 01:36 PM
Rooms and interior
- Bedrooms:14
- Living area:6,428 sq. ft.
Heating and cooling
- Cooling:Central A/C, Ductless/Mini-Split
- Heating:Central, Natural Gas, Wall Unit
Structure and exterior
- Year built:1884
- Building area:6,428 sq. ft.
- Lot area:0.46 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,999,999
- Price per sq. ft.:$311.14
- Tax amount:$3,463 (2025)
New listings near 109-15 Carpenter Ln
- New
$210,000Active4 beds 1 baths1,225 sq. ft.6655 Edmund St, PHILADELPHIA, PA 19135
MLS# PAPH2554710Listed by: MLS DIRECT - New
$275,000Active2 beds 2 baths676 sq. ft.2832 S Hutchinson St, PHILADELPHIA, PA 19148
MLS# PAPH2553938Listed by: LPT REALTY, LLC - New
$175,000Active4 beds 1 baths1,512 sq. ft.5732 Virginian Rd, PHILADELPHIA, PA 19141
MLS# PAPH2554662Listed by: KELLER WILLIAMS REAL ESTATE-HORSHAM - New
$485,000Active3 beds -- baths1,600 sq. ft.1910 Brown St, PHILADELPHIA, PA 19130
MLS# PAPH2554548Listed by: LONG & FOSTER REAL ESTATE, INC. - New
$424,900Active3 beds 4 baths1,570 sq. ft.5141 Walton Ave, PHILADELPHIA, PA 19143
MLS# PAPH2554688Listed by: MARKET FORCE REALTY - New
$299,900Active4 beds 4 baths2,816 sq. ft.221 W Coulter St, PHILADELPHIA, PA 19144
MLS# PAPH2554414Listed by: ELFANT WISSAHICKON-MT AIRY - Open Sun, 1 to 3pmNew
$283,900Active3 beds 2 baths1,586 sq. ft.2320 79th Ave, PHILADELPHIA, PA 19150
MLS# PAPH2554266Listed by: REALTY MARK CITYSCAPE-HUNTINGDON VALLEY - New
$60,999Active2 beds 1 baths756 sq. ft.1824 E Lippincott St, PHILADELPHIA, PA 19134
MLS# PAPH2554536Listed by: HOMESTARR REALTY - Coming Soon
$160,000Coming Soon2 beds 1 baths6411 Marsden St, PHILADELPHIA, PA 19135
MLS# PAPH2554648Listed by: REALTY ONE GROUP FOCUS - Open Sat, 12 to 2pmNew
$279,900Active1 beds 1 baths697 sq. ft.729 S 12th St #101, PHILADELPHIA, PA 19147
MLS# PAPH2554660Listed by: COMPASS PENNSYLVANIA, LLC