Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 0 | LAST UPDATED | 10/29/2025 |
|---|---|---|---|
| YEAR BUILT | 1884 | COMMUNITY | 19119 (19119) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Ductless, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19119 (19119) |
| HEAT | Central, Natural Gas |
| LOT | 0.46 acre(s) |
| LOT DIMENSIONS | 100.00 x 200.00 |
| PARKING | Private, Paved, Driveway, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 3463 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Keller Williams Liberty Place
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.