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109 Carpenter Ln
For Sale $1,999,999
$1,999,999
- 8 Units
- Unknown Sq Ft
- 19,916 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,999,999 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1884 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881210110 |
| MLS # | PAPH2553934 |
| Property ID | 322312077 |
| Lot Sqft | 19,916 |
| Zoning | RSA3 |
| Total Units | 8 |
| Days on Market | 74 |
| Original List Price | Unknown |
| Date Updated | January 06, 2026 |
| Date Created | October 28, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Ryan J McManus an agent of Keller Williams Liberty Place. Lic #RS316262
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Data last updated: January 10, 2026.
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Robert Crawford
REAL ESTATE AGENT