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Janie Cauthorne

janie@realestateexecutivesinc.com +1(443) 629-2526

Listed by Ryan J McManus • Keller Williams Liberty Place

$ 1,999,999

Est. payment -/mo

Save

Active

109-15 CARPENTER LN Philadelphia, PA 19119

6,428 SqFt

UPDATED:

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

SCHOOLSPROPERTIES

Elementary Schools 20

7

Cedarbrook Middle School

Public | 5 - 8
6

Green Woods Charter School

Public | KG - 8
5

James Dobson Elementary School

Public | KG - 8
4

Cook-Wissahickon Elementary School

Public | KG - 8
4

Emlen Elementary School

Public | KG - 5
4

John F. McCloskey School

Public | KG - 8
4

Wissahickon Charter School

Public | KG - 8
4

Mastery Charter School - Francis D. Pastorius Elemen

Public | KG - 8
3

Jenks Academy for the Arts and Sciences

Public | KG - 8
3

Charles W. Henry School

Public | KG - 8
3

Henry H. Houston Elementary School

Public | KG - 8
3

Thomas Mifflin School

Public | PK - 8
3

Imani Educationl Circle Charter School

Public | KG - 8
3

Fitler Academics Plus

Public | 1 - 8
3

Grover Cleveland Mastery Charter School

Public | KG - 8
3

William Rowen Elementary School

Public | KG - 5
2

Anna Lane Lingelbach School

Public | KG - 8
2

Khepera Charter School

Public | KG - 8
2

James Logan Elementary School

Public | KG - 5
1

Roosevelt Elementary School

Public | KG - 8

Middle Schools 8

9

Hill J E/Freedman Samson

Public | 6 - 9
7

Amy NW

Public | 6 - 8
4

Mastery Charter School-Pickett Campus

Public | 6 - 12
2

Eastern University Academy Charter School

Public | 7 - 12
2

Anna Blakiston Day School

Public | EE - 8
1

Morris E. Leeds Middle School

Public | 6 - 8
1

General Louis Wagner Middle School

Public | 6 - 8
0

The Crefeld School

Private | 7 - 12

High Schools 19

9

Central High School

Public | 9 - 12
6

Cheltenham High School

Public | 9 - 12
6

Girls High School

Public | 9 - 12
5

Multi-Cultural Academy Charter School

Public | 9 - 12
4

Saul W B Agricultural School

Public | 9 - 12
4

Parkway Northwest

Public | 9 - 12
2

Randolph A. Philip Avt High School

Public | 9 - 12
1

Roxborough High School

Public | 9 - 12
1

Promise Academy at Martin Luther King High School

Public | 9 - 12
1

Act Academy Cyber Charter School

Public | 9 - 12
1

Mastery Charter School at Gratz

Public | 9 - 12
1

Imhotep Institute Chs

Public | 9 - 12
1

Delaware Valley Chs

Public | 9 - 12
0

Mount St Joseph Academy

Private | 9 - 12
0

Bridge Way School

Private | 10 - 12
0

La Salle College High School

Private | 9 - 12
0

Hope Charter School

Public | 9 - 12
0

Bishop Mcdevitt High School

Private | 9 - 12
0

Cristo Rey Philadelphia High School

Private | 9 - 12

School and business data provided by Attom Data.

Janie Cauthorne

Broker

+1(443) 629-2526

Janie Cauthorne

109-15 CARPENTER LN Philadelphia, PA 19119

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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109-15 CARPENTER LN