Philadelphia, PA 19119,109-15 CARPENTER LN
Philadelphia, PA 19119,109-15 CARPENTER LN
Philadelphia, PA 19119,109-15 CARPENTER LN
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Giovanni Maggipinto

Giovanni Maggipinto

+1(908) 872-7635
Listed by Ryan McManus • Keller Williams Liberty Place
$1,999,999
Est. payment /mo
0.46 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2553934

Year Built 1884

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 Five Or More Units

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

Interior

Hot Water Natural Gas

Heating Central, Wall Unit

Cooling Central A/C, Ductless/Mini-Split

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881210110

Ownership Fee Simple

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

Nearby Schools and Properties

SCHOOLS PROPERTIES
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.

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Giovanni Maggipinto

Giovanni Maggipinto

+1(908) 872-7635

Realtor Associate | License ID: 1644529

Realtor Associate License ID: 1644529

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